Copper Mountain Mining (OTCMKTS:CPPMF) Trading Down 7.8%

Copper Mountain Mining Co. (OTCMKTS:CPPMF – Get Rating) was down 7.8% during mid-day trading on Tuesday . The stock traded as low as $1.53 and last traded at $1.54. Approximately 121,615 shares were traded during trading, a decline of 6% from the average daily volume of 129,737 shares. The stock had previously closed at $1.67.

Analysts Set New Price Targets

Several analysts recently issued reports on CPPMF shares. BMO Capital Markets dropped their price objective on shares of Copper Mountain Mining from C$2.75 to C$2.25 in a research note on Thursday, November 10th. Stifel Nicolaus cut shares of Copper Mountain Mining from a “buy” rating to a “hold” rating in a research note on Wednesday, November 9th. National Bank Financial increased their price target on shares of Copper Mountain Mining from C$2.25 to C$2.50 in a research note on Monday, February 13th. TD Securities dropped their price target on shares of Copper Mountain Mining from C$3.25 to C$2.50 in a research note on Thursday, November 10th. Finally, Scotiabank dropped their price target on shares of Copper Mountain Mining from C$3.00 to C$2.75 in a research note on Tuesday, February 7th.

Copper Mountain Mining Price Performance

The stock’s fifty day moving average price is $1.57 and its two-hundred day moving average price is $1.36. The firm has a market capitalization of $323.95 million, a price-to-earnings ratio of -25.67 and a beta of 2.05. The company has a current ratio of 1.72, a quick ratio of 1.34 and a debt-to-equity ratio of 0.71.

About Copper Mountain Mining

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Copper Mountain Mining Corp. engages in the exploration, development and operation of mineral deposits. It holds interest in copper mountain mine, Eva Copper, New Ingerbelle and Cameron copper projects. The company was founded on April 20, 2006 and is headquartered in Vancouver, Canada.