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Showing 1 to 15 of 25 entries
TOP PICK
Thematically likes copper. Should continue to do well. Has been sideways in the last 6 months following a run up. Demand is still strong. Relatively low supply. Cheap. BC based with Australian mines. 3.4x free cashflow, 3.5 EBITDA, 7.5x to earnings. High return on equity. Good balance sheet. (Analysts’ price target is $5.10)
Mining
BUY
Highly leveraged to the copper price, and is a major producer. Has a great outlook. They are reducing costs to improve efficiency. Debt is an issue, but the high copper price solves this and enhances margins. It's up 500% in the past year. Too much beta for him though, but this is fine if you can handle this beta. The space is discounting $3 copper, so there's upside.
Mining
BUY on WEAKNESS
Owns it but is not buying this name. The valuations are great, and are cheap. You want to buy cyclicals when they are expensive, not when they are cheap. What happens when the commodity prices fall? It may be a supercycle. There are better companies out there, but you can probably accumulate in pullbacks.
Mining
WATCH
Copper is probably going higher. He is concentrating on silver right now, but copper will be next. CMMC is impressive with its assets. It is on his radar. The price is very high. There is leverage to the price as well. Look at cost, geopolitical risk, management and reserves on the ground for producers.
Mining
BUY
It's had a great run in the past year. They used to carry a lot of debt and ran only one mine, but have since done a great job lowering that debt and growing operations. They now have a promising second asset that'll probably attract more institutional investors and lower stock volatility (less risky with two mines). In time, this will likely be taken over. Has owned this in the past. Likes it.
Mining
BUY
Copper equities in general have had a huge move since the bottom. The commodity has been bust for the last 10 years. There is a lot more room for copper to grow. As long as the balance sheet is not too bad, and it is a good company, then it is a good buy.
Mining
BUY

Copper pricing seems to be Firming here. Commodities are starting to come off from a bottom here. It is 9 years into a bull market and into a recovery. If you are going to play it, this is probably a not bad place to be. Copper looks interesting here.

Mining
COMMENT

He doesn’t follow this closely and doesn’t know why it is down so much. Copper has been very strong. This is a small, single asset name. If you want to play copper and its relative strength, Teck Resources (TECK.B-T) and First Quantum (FM-T) are good names and are much less risky than in the small-cap mining space.

Mining
DON'T BUY

A copper leveraged name. Have had its teething pains in terms of crushing issues, throughput issues and secondary crusher decision outstanding, so it is not an easy one to get your hands around. Feels they are treading around the breakeven point with copper prices in the $2.30-$2.40 a pound range. Debt is high, but a lot of it is with their partner Mitsubishi, which provides some protection. He wouldn’t recommend this.

Mining
COMMENT

(Market Call Minute.) This has gotten hit in the last couple of days. Moved from $1.50 at the bottom and up to $2.20. As copper has pulled back, this has pulled back with it. If you like copper and you think China is going to solve itself and copper prices are going to settle in over $3, it is probably a trade and goes back to $2.20.

Mining
WAIT

Base metals in general might be in a better position later in the year. This one has had some ramp up issues. Not uncommon. Mill issues and not getting the right throughput. It is a candidate for a re-rating as they show the throughput. Don’t be in a big rush.

Mining
HOLD

At best, he would call this a Hold. Have 75% of the Copper Mountain property in BC. This is a new mine and they have been having some challenges with getting the ore grade up and running.

Mining
HOLD

(Market Call Minute) They have had difficulties ramping up project in BC. Balance sheet under some stress but they should be able to make it.

Mining
DON'T BUY

People are finally figuring out that these junior mining companies take a lot of money to develop. Costs to bring these projects on line are substantial. In this environment, it is a very difficult for these companies to raise the capital they need.

Mining
COMMENT

(Market Call Minute.) Trading around 2X cash flow. Have had ramp up issues since they’ve brought the mine into production. All the failures have largely been priced in. Still believes this is a working mine. $2.50 roughly would be the bottom of the stock.

Mining
Showing 1 to 15 of 25 entries

Copper Mountain Mining(CMMC-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for Copper Mountain Mining is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Copper Mountain Mining(CMMC-T) Frequently Asked Questions

What is Copper Mountain Mining stock symbol?

Copper Mountain Mining is a Canadian stock, trading under the symbol CMMC-T on the Toronto Stock Exchange (CMMC-CT). It is usually referred to as TSX:CMMC or CMMC-T

Is Copper Mountain Mining a buy or a sell?

In the last year, 3 stock analysts published opinions about CMMC-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Copper Mountain Mining.

Is Copper Mountain Mining a good investment or a top pick?

Copper Mountain Mining was recommended as a Top Pick by on . Read the latest stock experts ratings for Copper Mountain Mining.

Why is Copper Mountain Mining stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Copper Mountain Mining worth watching?

3 stock analysts on Stockchase covered Copper Mountain Mining In the last year. It is a trending stock that is worth watching.

What is Copper Mountain Mining stock price?

On 2022-01-21, Copper Mountain Mining (CMMC-T) stock closed at a price of $3.94.