Calibre Mining (TSE:CXB) Given a C$3.30 Price Target at Ventum Financial

Calibre Mining (TSE:CXB - Get Free Report) has been given a C$3.30 price target by Ventum Financial in a research report issued on Monday,BayStreet.CA reports. The brokerage presently has a "buy" rating on the stock. Ventum Financial's target price indicates a potential upside of 40.43% from the stock's current price.

A number of other research firms have also recently commented on CXB. Jefferies Financial Group upped their price objective on shares of Calibre Mining from C$2.75 to C$3.50 in a research report on Friday, October 4th. Stifel Nicolaus lowered their price target on Calibre Mining from C$5.00 to C$4.40 in a report on Monday, October 21st. National Bankshares cut their price objective on Calibre Mining from C$3.60 to C$3.40 and set an "outperform" rating on the stock in a report on Thursday, January 9th. National Bank Financial raised Calibre Mining from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, October 9th. Finally, TD Securities cut their price target on shares of Calibre Mining from C$3.50 to C$3.25 in a research note on Wednesday, November 6th. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Calibre Mining currently has a consensus rating of "Buy" and an average price target of C$3.40.

Calibre Mining Trading Up 3.1 %

Shares of TSE CXB traded up C$0.07 during mid-day trading on Monday, hitting C$2.35. The company's stock had a trading volume of 3,800,992 shares, compared to its average volume of 1,667,734. Calibre Mining has a one year low of C$1.18 and a one year high of C$2.90. The stock has a market cap of C$1.85 billion, a price-to-earnings ratio of 16.79 and a beta of 2.08. The company has a debt-to-equity ratio of 39.77, a current ratio of 2.33 and a quick ratio of 0.97. The company's fifty day simple moving average is C$2.29 and its 200-day simple moving average is C$2.33.

Calibre Mining Company Profile

Calibre 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.