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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

Comment by Outlander1on May 17, 2021 10:32am
139 Views
Post# 33213659

RE:Any ideas?

RE:Any ideas?It is puzzling, I can't help but think Cmmc is a takeover candidate. PE doesn't really apply to miners the same as it does with other businesses however, going forward it's probably around 4 to 1. It seems Cmmc hasn't received the love some other producers get. TD for example has a price target of 4.75 and a hold but go on to say the estimate is probably too low. Analysts forecasts are generally useless I find but they do influence some people's decisions. I believe there could be some manipulation here as well as the daily trading seems to show some patterns. I imagine this gap will fill and we will have more upside then profit taking then repeat.
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