TD Securities Trims Copper Mountain Mining (OTCMKTS:CPPMF) Target Price to C$2.50

Copper Mountain Mining (OTCMKTS:CPPMFGet Rating) had its price target decreased by TD Securities from C$3.25 to C$2.50 in a research report released on Thursday, The Fly reports.

Several other equities analysts also recently weighed in on CPPMF. National Bank Financial raised shares of Copper Mountain Mining from a sector perform rating to an outperform rating in a report on Friday, October 7th. Scotiabank reduced their price objective on shares of Copper Mountain Mining from C$3.00 to C$2.75 in a research report on Friday, October 7th. Stifel Nicolaus cut shares of Copper Mountain Mining from a buy rating to a hold rating in a research report on Wednesday, November 9th. Finally, BMO Capital Markets reduced their price objective on shares of Copper Mountain Mining from C$3.00 to C$2.75 in a research report on Thursday, September 29th.

Copper Mountain Mining Price Performance

Shares of OTCMKTS:CPPMF opened at $1.32 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.59 and a quick ratio of 1.22. Copper Mountain Mining has a 1-year low of $0.92 and a 1-year high of $3.45. The company has a market capitalization of $277.68 million, a P/E ratio of -22.00 and a beta of 2.01. The firm’s 50 day simple moving average is $1.23 and its two-hundred day simple moving average is $1.44.

Copper Mountain Mining Company Profile

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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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