Copper Mountain Mining Co.. (CMMC) Sets New 12-Month Low at $1.07

Copper Mountain Mining Co.. (TSE:CMMC) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$1.07 and last traded at C$1.06, with a volume of 52219 shares trading hands. The stock had previously closed at C$1.07.

Several research analysts have commented on the stock. National Bank Financial lowered their price objective on shares of Copper Mountain Mining Co.. from C$2.00 to C$1.90 and set an “outperform” rating for the company in a research report on Wednesday, August 8th. BMO Capital Markets lowered their price objective on shares of Copper Mountain Mining Co.. from C$1.70 to C$1.60 and set a “market perform” rating for the company in a research report on Monday, April 30th. Finally, Scotiabank restated a “sector perform” rating and set a C$1.60 price objective on shares of Copper Mountain Mining Co.. in a research report on Tuesday, April 17th.

Copper Mountain Mining Co.. Company Profile (TSE:CMMC)

Copper Mountain Mining Corporation operates as a mining company in Canada. The company explores for copper, gold, and silver deposits. It primarily holds 75% interest in the Copper Mountain mine that comprise 135 crown granted mineral claims, 156 located mineral claims, 14 mining leases, and 12 fee simple properties covering an area of 6,702.1 hectares located to the south of Princeton, British Columbia.

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