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Copper Mountain Mining Corporation T.CUM


Primary Symbol: CPPMF

Copper Mountain Mining Corp is a copper producer, developer and explorer. Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces over 90 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. The company also has the development stage Eva Copper Project in Queensland, Australia.


OTCPK:CPPMF - Post by User

Post by Rational43on Apr 26, 2021 2:04pm
219 Views
Post# 33067762

Sold out of Capstone to buy more today

Sold out of Capstone to buy more todayCapstone moving higher today on CMMC earnings, but I suspect the market will be unhappy with CS when it sees its Q1 if its comparing.  

Buying more at 4.10 to $4.11 today which is a steal at:

1.  2 x '21 EBITDA
2.  5 x '21 EPS

With growing cash flow to pay for a tripling of copper production over the next few years...insane and lovely.  

Capstone has done well, but unless it puts out 20 cents / share tomorrow, which is highly unlikely, not sure how the market justifies paying that much of a premium vs CMMC.  
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