Calibre Mining Corp. (TSE:CXB - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$3.03 and last traded at C$3.00, with a volume of 870703 shares. The stock had previously closed at C$2.93.
Wall Street Analysts Forecast Growth
Several brokerages have commented on CXB. TD Securities decreased their target price on shares of Calibre Mining from C$3.50 to C$3.25 in a research report on Wednesday, November 6th. Stifel Nicolaus lowered their target price on shares of Calibre Mining from C$5.00 to C$4.40 in a research report on Monday, October 21st. National Bankshares lifted their price target on shares of Calibre Mining from C$3.40 to C$4.00 and gave the company an "outperform" rating in a research report on Tuesday, February 11th. Ventum Financial set a C$3.30 target price on Calibre Mining and gave the stock a "buy" rating in a research report on Thursday, January 30th. Finally, Ventum Cap Mkts upgraded Calibre Mining to a "strong-buy" rating in a research report on Friday, January 17th. Six analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Calibre Mining presently has an average rating of "Buy" and an average target price of C$3.46.
View Our Latest Stock Analysis on CXB
Calibre Mining Price Performance
The company has a debt-to-equity ratio of 38.70, a current ratio of 2.06 and a quick ratio of 0.97. The company's 50-day moving average is C$2.43 and its 200-day moving average is C$2.41. The firm has a market capitalization of C$1.76 billion, a price-to-earnings ratio of 54.79 and a beta of 2.08.
About Calibre Mining
(
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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.
Further Reading
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