Calibre Mining Corp. (TSE:CXB - Get Free Report) has been assigned a consensus recommendation of "Buy" from the six research firms that are covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$3.41.
CXB has been the topic of several recent research reports. National Bank Financial upgraded Calibre Mining from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 9th. National Bankshares reduced their price objective on shares of Calibre Mining from C$3.60 to C$3.40 and set an "outperform" rating for the company in a research report on Thursday, January 9th. Jefferies Financial Group boosted their target price on Calibre Mining from C$2.75 to C$3.50 in a research report on Friday, October 4th. Stifel Nicolaus reduced their price target on Calibre Mining from C$5.00 to C$4.40 in a report on Monday, October 21st. Finally, TD Securities decreased their price target on Calibre Mining from C$3.50 to C$3.25 in a research note on Wednesday, November 6th.
Read Our Latest Stock Report on Calibre Mining
Calibre Mining Stock Performance
Shares of Calibre Mining stock traded down C$0.02 during trading on Friday, reaching C$2.28. The company's stock had a trading volume of 843,211 shares, compared to its average volume of 1,489,963. The company has a 50-day moving average price of C$2.29 and a two-hundred day moving average price of C$2.32. Calibre Mining has a fifty-two week low of C$1.18 and a fifty-two week high of C$2.90. The firm has a market cap of C$1.80 billion, a PE ratio of 16.29 and a beta of 2.08. The company has a current ratio of 2.33, a quick ratio of 0.97 and a debt-to-equity ratio of 39.77.
About Calibre Mining
(
Get Free ReportCalibre Mining Corp., together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Nicaragua, the United States, and Canada. It primarily explores gold, silver, and copper deposits. The company was formerly known as TLC Ventures Corp. and changed its name to Calibre Mining Corp.
Further Reading
Before you consider Calibre Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Calibre Mining wasn't on the list.
While Calibre Mining currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
