Copper Mountain Mining Co.. (TSE:CMMC) had its price target hoisted by TD Securities from C$1.15 to C$1.25 in a report published on Tuesday, BayStreet.CA reports. The firm currently has a speculative buy rating on the stock.
CMMC has been the subject of a number of other reports. BMO Capital Markets lowered their price target on shares of Copper Mountain Mining Co.. from C$1.50 to C$1.20 in a report on Tuesday. National Bank Financial lowered their price target on shares of Copper Mountain Mining Co.. from C$1.10 to C$1.00 in a report on Monday, November 18th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Copper Mountain Mining Co.. presently has an average rating of Buy and a consensus price target of C$1.33.
TSE:CMMC opened at C$0.85 on Tuesday. The company has a fifty day moving average of C$0.69 and a 200 day moving average of C$0.69. Copper Mountain Mining Co.. has a 52 week low of C$0.53 and a 52 week high of C$1.18. The company has a quick ratio of 0.28, a current ratio of 0.51 and a debt-to-equity ratio of 106.44. The firm has a market capitalization of $141.18 million and a P/E ratio of -15.74.
In related news, Director Allan Thomas Cloke acquired 50,000 shares of Copper Mountain Mining Co.. stock in a transaction on Tuesday, November 19th. The shares were acquired at an average cost of C$0.59 per share, with a total value of C$29,500.00. Following the transaction, the director now owns 261,600 shares in the company, valued at C$154,344.
Copper Mountain Mining Co.. Company Profile
Copper Mountain Mining Corporation operates as a mining company in Canada. The company 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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