Copper Mountain Mining Co.. (TSE:CMMC) had its price target decreased by Cormark from C$1.85 to C$1.75 in a research note released on Tuesday morning, BayStreet.CA reports.
A number of other brokerages also recently weighed in on CMMC. National Bank Financial downgraded Detour Gold to a hold rating in a research note on Friday, June 28th. BMO Capital Markets started coverage on Capstone Mining in a research note on Friday, July 5th. They issued a hold rating and a $1.00 price objective on the stock. TD Securities cut their price objective on West Fraser Timber from C$74.00 to C$70.00 and set a buy rating on the stock in a research note on Monday. Finally, Haywood Securities downgraded Trevali Mining from a buy rating to a hold rating and cut their price objective for the company from C$0.80 to C$0.35 in a research note on Tuesday. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of C$1.42.
Shares of CMMC stock opened at C$0.80 on Tuesday. The firm has a 50 day moving average of C$0.82. The company has a debt-to-equity ratio of 106.65, a current ratio of 0.70 and a quick ratio of 0.42. Copper Mountain Mining Co.. has a twelve month low of C$0.65 and a twelve month high of C$1.23. The company has a market cap of $116.83 million and a P/E ratio of -32.00.
About Copper Mountain Mining Co..
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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