BMO Capital Markets Cuts Copper Mountain Mining (OTCMKTS:CPPMF) Price Target to C$4.50

Copper Mountain Mining (OTCMKTS:CPPMFGet Rating) had its price target decreased by BMO Capital Markets from C$4.75 to C$4.50 in a report issued on Wednesday, The Fly reports.

A number of other research analysts also recently commented on the stock. Scotiabank cut their target price on shares of Copper Mountain Mining from C$4.75 to C$4.50 in a research report on Wednesday. Stifel Nicolaus raised their target price on shares of Copper Mountain Mining from C$5.75 to C$5.80 in a research report on Thursday, March 17th. TD Securities cut their target price on shares of Copper Mountain Mining from C$5.00 to C$4.50 in a research report on Wednesday. Finally, National Bank Financial cut their target price on shares of Copper Mountain Mining from C$4.75 to C$4.50 in a research report on Tuesday, April 19th. Eight research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of Buy and an average target price of $4.90.

CPPMF stock opened at $2.18 on Wednesday. The company has a market capitalization of $458.59 million, a PE ratio of 5.82 and a beta of 2.21. Copper Mountain Mining has a 12 month low of $2.07 and a 12 month high of $4.20. The firm’s 50-day moving average is $2.83 and its 200 day moving average is $2.85. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.83 and a quick ratio of 2.45.

Copper Mountain Mining (OTCMKTS:CPPMFGet Rating) last posted its earnings results on Monday, February 14th. The company reported $0.09 EPS for the quarter. The business had revenue of $108.49 million for the quarter. Copper Mountain Mining had a net margin of 19.39% and a return on equity of 29.74%.

Copper Mountain Mining Company Profile (Get Rating)

Copper Mountain Mining Corporation operates as a mining company in Canada. The company explores for copper, gold, and silver deposits. Its flagship asset is the Copper Mountain mine that comprise 138 crown granted mineral claims, 149 located mineral claims, 14 mining leases, and 12 fee simple properties covering an area of 6,702 hectares located to the south of Princeton, British Columbia.

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