Coppernico Metals Inc CPPMF

Primary Symbol: T.COPR

Metals & Mining Industrial Metals & Minerals

Coppernico Metals Inc. is a Canada-based mineral exploration company. The Company is principally engaged in the acquisition and exploration of mineral property interests. The Company is focused on exploration and discovery of copper-gold deposits in the South America. The Company’s primary asset is the Sombrero copper-gold project located in southern Peru. The Sombrero Project is a land package of approximately 102,000 hectares located about 340 kilometers SE of Lima in southern Peru. The concessions are hosted in the northwestern extension of the Andahuaylas-Yauri belt. The principal targets at Sombrero are copper-gold skarn, porphyry systems and precious metal epithermal deposits. The Company’s subsidiary is Sombrero Minerales, S.A.C.

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Post by Duster340on Apr 14, 2023 9:00am

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Post# 35394809

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Copper Mountain Mining downgraded to Market Perform from Outperform at BMO Capital BMO Capital analyst Rene Cartier downgraded Copper Mountain Mining (CPPMF) to Market Perform from Outperform with a price target of C$3.00, up from C$2.50, after its announced combination with Hudbay Minerals (HBM). The firm states that following a challenging 2022, investors will be able to participate in potential future upside with the combined company, also noting that this combination further plays into the consolidation thematic in the copper space.

Read more at:
https://thefly.com/n.php?id=3694294

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