Copper Mountain Mining Corporation

TSX:CMMC Stock Report

Market Cap: CA$540.2m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Copper Mountain Mining Valuation

Is CMMC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CMMC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CMMC (CA$2.52) is trading below our estimate of fair value (CA$5.57)

Significantly Below Fair Value: CMMC is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for CMMC?

Other financial metrics that can be useful for relative valuation.

CMMC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.7x
Enterprise Value/EBITDA146.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does CMMC's PS Ratio compare to its peers?

The above table shows the PS ratio for CMMC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.4x
TKO Taseko Mines
1.8x18.6%CA$1.1b
III Imperial Metals
0.9xn/aCA$361.0m
ERO Ero Copper
5.1x18.3%CA$3.1b
HCU Horizon Copper
5.9xn/aCA$86.5m
CMMC Copper Mountain Mining
1.8x15.7%CA$540.2m

Price-To-Sales vs Peers: CMMC is good value based on its Price-To-Sales Ratio (1.8x) compared to the peer average (10.8x).


Price to Earnings Ratio vs Industry

How does CMMC's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a32.2%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a32.2%
n/an/an/a
No more companies

Price-To-Sales vs Industry: CMMC is good value based on its Price-To-Sales Ratio (1.8x) compared to the Canadian Metals and Mining industry average (2.4x)


Price to Sales Ratio vs Fair Ratio

What is CMMC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CMMC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.8x
Fair PS Ratio0.5x

Price-To-Sales vs Fair Ratio: CMMC is expensive based on its Price-To-Sales Ratio (1.8x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CMMC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Sep ’25n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Aug ’25n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Jul ’25n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Jun ’25n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
May ’25n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Apr ’25n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Mar ’25n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Feb ’25n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Jan ’25n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Dec ’24n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Nov ’24n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Oct ’24n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Sep ’24n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Aug ’24n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Jul ’24n/a
CA$2.71
0%
2.1%CA$2.75CA$2.60n/a6
Jun ’24CA$2.25
CA$2.70
+20.0%
2.3%CA$2.75CA$2.60n/a9
May ’24CA$2.62
CA$2.70
+3.1%
2.3%CA$2.75CA$2.60n/a9
Apr ’24CA$2.19
CA$2.67
+22.0%
11.8%CA$3.25CA$2.20n/a11
Mar ’24CA$2.35
CA$2.68
+13.9%
13.5%CA$3.25CA$2.00n/a11
Feb ’24CA$2.26
CA$2.47
+9.2%
13.9%CA$3.00CA$1.90n/a11
Jan ’24CA$1.71
CA$2.38
+39.0%
13.5%CA$3.00CA$1.90n/a11
Dec ’23CA$1.84
CA$2.35
+27.7%
13.6%CA$3.00CA$2.00n/a10
Nov ’23CA$1.88
CA$2.90
+54.3%
17.8%CA$4.00CA$2.25n/a9
Oct ’23CA$1.54
CA$2.74
+77.9%
16.5%CA$3.50CA$2.00n/a9

Analyst Forecast: Target price is less than 20% higher than the current share price.


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