The Materials sector company, Copper Mountain Mining (CMMC), has received a rating update from a Wall Street analyst yesterday. Analyst Orest Wowkodaw from Scotiabank rated Copper Mountain Mining (CMMC) a Buy, setting a C$2 price target.
According to TipRanks.com, Wowkodaw is a 5-star analyst with an average return of 19.6% and a 58.7% success rate. Wowkodaw covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals Ltd, Trevali Mining Corporation, and Teck Resources Limited.
Currently, the analyst consensus on Copper Mountain Mining is a Moderate Buy with an average price target of C$1.88.
The company has a one-year high of C$1.45 and a one-year low of C$0.65. Currently, Copper Mountain Mining has an average volume of 316.5K.
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.
The company’s shares closed on Tuesday at C$1.04.
