Calibre Mining Corp. (TSE:CXB - Get Free Report) was down 2.7% on Friday . The stock traded as low as C$3.22 and last traded at C$3.26. Approximately 545,023 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 3,169,755 shares. The stock had previously closed at C$3.35.
Analyst Ratings Changes
Several equities research analysts recently weighed in on CXB shares. Jefferies Financial Group increased their target price on shares of Calibre Mining from C$3.00 to C$3.50 in a research note on Friday, April 4th. Ventum Cap Mkts raised shares of Calibre Mining to a "strong-buy" rating in a research report on Friday, January 17th. 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. Stifel Nicolaus raised their price objective on shares of Calibre Mining from C$4.00 to C$4.50 in a report on Monday, April 21st. Finally, Raymond James raised their price objective on shares of Calibre Mining from C$3.25 to C$4.00 in a report on Friday, April 4th. Four analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of C$3.57.
Check Out Our Latest Analysis on CXB
Calibre Mining Stock Up 0.3 %
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 firm has a market cap of C$1.97 billion, a price-to-earnings ratio of 61.15 and a beta of 2.08. The firm has a 50 day moving average price of C$3.04 and a 200-day moving average price of C$2.67.
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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