Copper Mountain Mining Co.. (TSE: CUM) had its target price trimmed by Pi Financial
from C$4.00 to C$3.00 in a report released on Wednesday,StocKRatingsNetwork.com reports.
A number of other firms have also recently commented on CUM. Analysts at Jennings Capital cut their price target on shares of Copper Mountain Mining Co.. from C$5.10 to C$4.60 in a research note to investors on Thursday, April 18th. They now have a buy rating on the stock. Separately, analysts at Dundee Securities cut their price target on shares of Copper Mountain Mining Co.. from C$4.75 to C$3.00 in a research note to investors on Wednesday, April 17th. They now have a buy rating on the stock. Finally, analysts at CIBC cut their price target on shares of Copper Mountain Mining Co.. from C$5.50 to C$5.20 in a research note to investors on Wednesday, April 17th. They now have a sector perform rating on the stock.
Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company has an average rating of Buy and a consensus target price of C$4.40.
Copper Mountain Mining Co.. (TSE: CUM) traded down 11.31% on Wednesday, hitting $1.49. Copper Mountain Mining Co.. has a 52-week low of $1.68 and a 52-week high of $4.53. The stock’s 50-day moving average is currently $2.66. The company has a market cap of $146.9 million and a price-to-earnings ratio of 8.40.
Copper Mountain Mining Corporation is engaged in the in the business of mineral exploration, development and operation of mineral deposits.