Copper Mountain Mining Corporation (TSX CUM) added Apr 10, 2011
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is a BC resource company that is developing the Copper Mountain Project located 15 km south of the town of Princeton in southern British Columbia. The Project is owned 75% by Copper Mountain Mining Corporation and 25% by Mitsubishi Materials Corporation. The Company completed an independent feasibility study that confirmed the economic viability of bringing back into production a conventional open pit mine with a 35,000 tonnes per day mill. The mine, a former producer, with a resource of 5 billion* pounds of copper is designed to produce approximately 105 million pounds of copper per year in a copper concentrate (first 12 years) with gold and silver credits by mid 2011.
RECENT NEWS: Copper Mountain announces fourth quarter 2011 production results and gives guidance for 2012 production
Drilling below Pit 2 intersects 127.5m grading 1.01% Cu, 2.38g/t Ag and 0.25g/t Au
........Recognia…Jan 31, 2012
Hammer
CUM Price day before:$5.16Finish day posting$5.22 Current $5.22
------Aug 04, 2011-------
Diamond Top
Target $4.90 (Target Hit Sept 22, 2011)
CUM Price day before:$6.80Finish day posting$6.21 Current $5.22
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Stefan Ioannou ........Haywood Securities…Jan 31, 2012
Target reduced to $7.00 from $8.25
CUM Price day before:$5.16Finish day posting$5.22 Current $5.22
------Apr 15, 2011-------
Maintained SECTOR PERFORM
Target raised to $8.50 from $6.75
CUM Price day before:$7.16Finish day posting$7.00 Current $5.22
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John Hayes ........BMO Capital Markets…Jan 31, 2012
Target reduced to $6.50 from $7.00
CUM Price day before:$5.16Finish day posting$5.22 Current $5.22
------Nov 17, 2011--------
Target reduced to $7.00 from $7.25
CUM Price day before:$4.39Finish day posting$4.12 Current $5.22
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Wendell Zerb ........Canaccord/Genuity…Jan 31, 2012
Maintained SPECULATIVE BUY
Target reduced to $6.50 from $6.70
CUM Price day before:$5.16Finish day posting$5.22 Current $5.22
------Apr 08, 2011-----
Maintained SPECULATIVE BUY
Target raised to $8.70 from $7.80
CUM Price day before:$7.79Finish day posting$8.03 Current $5.22
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Steve Parsons ........National Bank Financial…Jan 30, 2012
Target reduced to $6.65 from $7.35
CUM Price day before:$5.30Finish day posting$5.16 Current $5.22
------Nov 15, 2011---------
Target reduced to $7.35 from $7.45
CUM Price day before:$4.77Finish day posting$4.55 Current $5.22
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........Rodman & Renshaw…Dec 21, 2011
New OUTPERFORM
CUM Price day before:$5.46Finish day posting$5.53 Current $5.22
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David Davidson ........Paradigm…Nov 21, 2011
Target reduced to $8.00 from $9.00
CUM Price day before:$4.24Finish day posting$4.06 Current $5.22
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Chris Chang ........Laurentian Bank…Oct 21, 2011
Maintained BUY
Target reduced to $7.10 from $8.50
CUM Price day before:$4.84Finish day posting$4.84 Current $5.22
-------July 28, 2011---------
Maintained BUY
Target reduced to $8.50 from $9.00
CUM Price day before:$6.85Finish day posting$6.98 Current $5.22
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Mark Turner ........Scotia Capital…July 29, 2011
Target raised to $8.45 from $8.30
CUM Price day before:$6.98Finish day posting$7.00 Current $5.22
-------Apr 06, 2011------
Target raised to $8.45 from $7.50
CUM Price day before:$7.96Finish day posting$7.90 Current $5.22
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Peter Campbell.......Jennings Capital…..Mar 23, 2011
Maintained SPECULATIVE BUY
Target raised to $8.00 from $6.00 (Target Hit June 01, 2011)
CUM Price day before:$6.91Finish day posting$7.50 Current $5.22
-------Oct 14, 2010------
Maintained SPECULATIVE BUY
Target raised to $6.00 from $4.40 (Target Hit Dec 20, 2010)
CUM Price day before:$4.80Finish day posting$4.72 Current $5.22
-----June 01, 2010------
Maintained SPECULATIVE BUY
Target raised to $4.40 from $4.00 (Target Hit Oct 12, 2010)
CUM Price day before:$2.78Finish day posting$2.62 Current $5.22
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Adam
Low........
Maintained MARKET PERFORM
Target raised to $8.60 from $7.00
CUM Price day before:$7.11Finish day posting$7.13 Current $5.22
---------Oct 22, 2010--------
Downgraded to MARKET PERFORM from STRONG BUY
Target raised to $5.00 from $4.00 (Target Hit)
CUM Price day before:$4.84Finish day posting$4.82 Current $5.22
-------Apr 27, 2010-------
Maintained STRONG BUY
Target raised to $4.00 from $3.50 (Target Hit Oct 01, 2010)
CUM Price day before:$3.28Finish day posting$3.20 Current $5.22
-------Feb 24, 2010------
New STRONG BUY
Target $3.50 (Target Hit Apr 12, 2010)
CUM Price day before:$2.17Finish day posting$2.20 Current $5.22