Copper Mountain Mining Co. (OTCMKTS:CPPMF) Short Interest Update

Copper Mountain Mining Co. (OTCMKTS:CPPMFGet Rating) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 5,193,200 shares, a decline of 13.8% from the December 31st total of 6,023,700 shares. Based on an average trading volume of 259,200 shares, the days-to-cover ratio is currently 20.0 days.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Scotiabank decreased their price target on shares of Copper Mountain Mining from C$2.75 to C$2.25 in a report on Thursday, November 10th. National Bank Financial reduced their price objective on Copper Mountain Mining from C$2.75 to C$2.25 in a research report on Monday, January 9th. Desjardins began coverage on Copper Mountain Mining in a research report on Tuesday, November 29th. They issued a “buy” rating for the company. Stifel Nicolaus downgraded shares of Copper Mountain Mining from a “buy” rating to a “hold” rating in a research report on Wednesday, November 9th. Finally, 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.

Copper Mountain Mining Stock Performance

OTCMKTS:CPPMF opened at $1.65 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.34 and a current ratio of 1.72. Copper Mountain Mining has a fifty-two week low of $0.92 and a fifty-two week high of $3.45. The company has a 50 day simple moving average of $1.41 and a two-hundred day simple moving average of $1.28. The company has a market capitalization of $347.09 million, a PE ratio of -27.50 and a beta of 1.89.

Copper Mountain Mining (OTCMKTS:CPPMFGet Rating) last announced its earnings results on Wednesday, November 9th. The company reported ($0.09) earnings per share for the quarter. The firm had revenue of $44.66 million for the quarter. Copper Mountain Mining had a negative return on equity of 0.97% and a negative net margin of 2.87%.

Copper Mountain Mining Company Profile

(Get Rating)

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.

Further Reading

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