Copper Mountain Mining Co.. (CMMC) Price Target Lowered to C$1.80 at BMO Capital Markets

Copper Mountain Mining Co.. (TSE:CMMC) had its price objective dropped by analysts at BMO Capital Markets from C$1.90 to C$1.80 in a research note issued to investors on Wednesday. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price objective would suggest a potential upside of 38.46% from the stock’s previous close.

Separately, Scotiabank restated a “sector perform” rating and issued a C$1.70 target price on shares of Copper Mountain Mining Co.. in a research note on Monday, November 20th.

Copper Mountain Mining Co.. (TSE CMMC) traded up C$0.02 during trading on Wednesday, reaching C$1.30. The company’s stock had a trading volume of 79,551 shares, compared to its average volume of 605,236. Copper Mountain Mining Co.. has a 1 year low of C$0.72 and a 1 year high of C$1.85. The firm has a market capitalization of $174.75, a price-to-earnings ratio of 5.20 and a beta of 2.49.

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Copper Mountain Mining Co.. Company Profile

Copper Mountain Mining Corporation operates as a development and operating mining company in Canada. The company primarily explores for copper, gold, and silver deposits. It primarily holds 75% interest in the Copper Mountain mine that comprise 135 crown granted mineral claims, 156 located mineral claims, 14 mining leases, and 12 fee simple properties covering an area of 6,702.1 hectares located to the south of Princeton, British Columbia.

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