Copper Mountain Mining Co. (OTCMKTS:CPPMF) Given Average Recommendation of “Buy” by Brokerages

Shares of Copper Mountain Mining Co. (OTCMKTS:CPPMF – Get Rating) have been given a consensus recommendation of “Buy” by the eight analysts that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a buy rating. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $4.76.

A number of equities analysts have weighed in on CPPMF shares. BMO Capital Markets lowered their price target on Copper Mountain Mining from C$4.75 to C$4.50 in a research report on Wednesday, April 27th. National Bank Financial reduced their price objective on Copper Mountain Mining from C$4.75 to C$4.50 in a report on Tuesday, April 19th. CIBC reduced their price objective on Copper Mountain Mining from C$4.75 to C$4.50 in a report on Monday, May 2nd. Stifel Nicolaus boosted their price objective on Copper Mountain Mining from C$5.75 to C$5.80 in a report on Thursday, March 17th. Finally, TD Securities cut their price target on Copper Mountain Mining from C$5.00 to C$4.50 in a research note on Wednesday, April 27th.

OTCMKTS:CPPMF opened at $2.01 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.45 and a current ratio of 2.83. The stock’s 50-day simple moving average is $2.75 and its 200 day simple moving average is $2.81. The company has a market cap of $422.83 million, a P/E ratio of 8.74 and a beta of 2.52. Copper Mountain Mining has a 52-week low of $1.97 and a 52-week high of $4.20.

Copper Mountain Mining (OTCMKTS:CPPMF – Get Rating) last released its earnings results on Monday, February 14th. The company reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $108.49 million for the quarter. Copper Mountain Mining had a return on equity of 19.48% and a net margin of 13.63%.

About Copper Mountain Mining (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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