Copper Mountain Mining Co.. (TSE:CMMC) PT Lowered to C$0.40

Copper Mountain Mining Co.. (TSE:CMMC) had its price objective cut by National Bank Financial from C$1.00 to C$0.40 in a research report sent to investors on Monday morning, BayStreet.CA reports. They currently have a sector perform rating on the stock.

CMMC has been the subject of several other reports. Cormark reduced their target price on Copper Mountain Mining Co.. from C$1.50 to C$1.00 in a report on Wednesday, March 11th. Haywood Securities reduced their target price on Copper Mountain Mining Co.. from C$1.20 to C$0.60 in a report on Wednesday, March 11th. Scotiabank reduced their price objective on Copper Mountain Mining Co.. from C$0.95 to C$0.90 in a research note on Wednesday, February 19th. BMO Capital Markets upped their price objective on Copper Mountain Mining Co.. from C$1.20 to C$1.30 in a research note on Wednesday, February 19th. Finally, TD Securities downgraded Copper Mountain Mining Co.. from a speculative buy rating to a hold rating and reduced their price objective for the company from C$0.65 to C$0.45 in a research note on Friday, March 20th.

Copper Mountain Mining Co.. stock opened at C$0.39 on Monday. Copper Mountain Mining Co.. has a fifty-two week low of C$0.28 and a fifty-two week high of C$1.18. The company has a debt-to-equity ratio of 89.82, a quick ratio of 0.27 and a current ratio of 0.46. The company has a market capitalization of $70.79 million and a P/E ratio of -3.25. The stock has a 50-day simple moving average of C$0.50 and a 200-day simple moving average of C$0.63.

Copper Mountain Mining Co.. Company Profile

Copper Mountain Mining Corporation operates as a mining company in Canada. The company explores for copper, gold, and silver deposits. It primarily holds 75% interest in the Copper Mountain mine that comprise 135 crown granted mineral claims, 156 located mineral claims, 14 mining leases, and 12 fee simple properties covering an area of 6,702.1 hectares located to the south of Princeton, British Columbia.

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