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Calibre Mining Corp. (TSE:CXB) Given Average Recommendation of "Buy" by Analysts

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Calibre Mining Corp. (TSE:CXB - Get Free Report) has been assigned a consensus recommendation of "Buy" from the eight research firms that are currently covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$3.56.

A number of equities research analysts recently commented on CXB shares. National Bankshares lifted their price target on shares of Calibre Mining from C$3.40 to C$4.00 and gave the stock an "outperform" rating in a report on Tuesday, February 11th. Raymond James lifted their price objective on Calibre Mining from C$3.25 to C$4.00 in a report on Friday. Jefferies Financial Group upped their price objective on shares of Calibre Mining from C$3.00 to C$3.50 in a report on Friday. Ventum Cap Mkts raised shares of Calibre Mining to a "strong-buy" rating in a research report on Friday, January 17th. Finally, Ventum Financial set a C$3.30 price objective on shares of Calibre Mining and gave the stock a "buy" rating in a report on Thursday, January 30th.

Check Out Our Latest Analysis on Calibre Mining

Calibre Mining Stock Down 7.1 %

CXB traded down C$0.21 during midday trading on Wednesday, reaching C$2.75. 4,247,655 shares of the company were exchanged, compared to its average volume of 3,029,157. The company has a market cap of C$1.66 billion, a price-to-earnings ratio of 51.43 and a beta of 2.08. The company has a debt-to-equity ratio of 38.70, a quick ratio of 0.97 and a current ratio of 2.06. Calibre Mining has a one year low of C$1.73 and a one year high of C$3.34. The company's fifty day moving average price is C$2.94 and its 200 day moving average price is C$2.61.

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About Calibre Mining

(Get Free Report

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.

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Analyst Recommendations for Calibre Mining (TSE:CXB)

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