Calibre Mining (TSE:CXB - Free Report) had its price objective raised by Jefferies Financial Group from C$3.00 to C$3.50 in a report published on Friday morning,BayStreet.CA reports.
Other research analysts have also issued research reports about the stock. Ventum Cap Mkts upgraded shares of Calibre Mining to a "strong-buy" rating in a research note on Friday, January 17th. Ventum Financial set a C$3.30 target price on Calibre Mining and gave the company a "buy" rating in a research report on Thursday, January 30th. National Bankshares lifted their price target on Calibre Mining from C$3.40 to C$4.00 and gave the stock an "outperform" rating in a report on Tuesday, February 11th. Finally, Raymond James upped their price objective on Calibre Mining from C$3.25 to C$4.00 in a report on Friday, April 4th. Six analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of C$3.56.
View Our Latest Analysis on Calibre Mining
Calibre Mining Stock Performance
Shares of TSE:CXB traded up C$0.25 on Friday, hitting C$2.84. The company had a trading volume of 7,549,895 shares, compared to its average volume of 3,098,610. The stock has a market cap of C$1.71 billion, a price-to-earnings ratio of 53.11 and a beta of 2.08. The stock has a 50 day moving average price of C$2.95 and a 200 day moving average price of C$2.61. Calibre Mining has a 1-year low of C$1.73 and a 1-year high of C$3.34. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 38.70.
About Calibre Mining
(
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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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