Thompson Creek Metals Lifted to"Buy"at Paradigm Capital (TC)
Thompson Creek Metals Company Lifted to “Buy” at Paradigm Capital (TC)
Posted by paymon on May 28th, 2015 //
Paradigm Capital upgraded shares of Thompson Creek Metals Company
(NYSE:TC) from a hold rating to a buy rating in a report issued on Tuesday.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated a sector perform rating and set a $2.00 price target (down previously from $2.25) on shares of Thompson Creek Metals Company in a research note on Tuesday, May 12th. Analysts at Stifel Nicolaus lowered their price target on shares of Thompson Creek Metals Company from $3.75 to $3.50 and set a buy rating on the stock in a research note on Tuesday, May 5th. Analysts at Bank of America downgraded shares of Thompson Creek Metals Company from a buy rating to a neutral rating and lowered their price target for the stock from $2.40 to $2.00 in a research note on Monday, April 13th. Finally, analysts at Deutsche Bank reiterated a hold rating and set a $1.50 price target (down previously from $1.60) on shares of Thompson Creek Metals Company in a research note on Monday, April 6th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of $2.10.
Thompson Creek Metals Company (NYSE:TC) traded down 5.178% during mid-day trading on Tuesday, hitting $0.901. 379,757 shares of the company’s stock traded hands. Thompson Creek Metals Company has a 1-year low of $0.900 and a 1-year high of $3.100. The stock’s 50-day moving average is $1.2 and its 200-day moving average is $1.4. The company’s market cap is $193.36 million.
Thompson Creek Metals Company Inc is a diversified mining company. It is a producer of molybdenum and has copper and gold reserves. It operates in three segments: US Operations Molybdenum, Canadian Operations Molybdenum, and Copper-Gold (NYSE:TC).
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