Calibre Mining Corp. (TSE:CXB) Receives C$3.46 Average PT from Analysts

Calibre Mining Corp. (TSE:CXB - Get Free Report) has received a consensus rating of "Buy" from the eight research firms that are presently covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$3.46.

CXB has been the subject of a number of analyst reports. National Bankshares boosted their price objective on shares of Calibre Mining from C$3.40 to C$4.00 and gave the company an "outperform" rating in a report on Tuesday, February 11th. Ventum Cap Mkts raised shares of Calibre Mining to a "strong-buy" rating in a report on Friday, January 17th. Finally, Ventum Financial set a C$3.30 price objective on shares of Calibre Mining and gave the company a "buy" rating in a research report on Thursday, January 30th.

Calibre Mining Trading Up 5.4 %

TSE CXB traded up C$0.15 on Friday, reaching C$2.94. The company had a trading volume of 3,120,902 shares, compared to its average volume of 2,865,290. Calibre Mining has a 52 week low of C$1.61 and a 52 week high of C$3.27. The stock's 50 day moving average is C$2.65 and its 200-day moving average is C$2.51. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 38.70. The stock has a market cap of C$1.77 billion, a price-to-earnings ratio of 54.98 and a beta of 2.08.

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Calibre Mining Company Profile

Calibre Mining Corp is a multi-asset gold producer with a portfolio of exploration and development opportunities in Nicaragua. Its project includes Pavon Gold Project, Borosi Gold Project, IamGold and Santa Rita. The company has only one revenue stream, being the sale of refined gold from its operations in Nicaragua.