Calibre Mining Corp. (TSE:CXB - Get Free Report) was down 3.4% during trading on Tuesday . The company traded as low as C$3.14 and last traded at C$3.16. Approximately 1,358,097 shares traded hands during trading, a decline of 57% from the average daily volume of 3,155,761 shares. The stock had previously closed at C$3.27.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on CXB. Ventum Cap Mkts raised Calibre Mining to a "strong-buy" rating in a research report on Friday, January 17th. Ventum Financial set a C$3.30 target price on shares of Calibre Mining and gave the stock a "buy" rating in a report on Thursday, January 30th. Jefferies Financial Group raised their price target on Calibre Mining from C$3.00 to C$3.50 in a research report on Friday, April 4th. National Bankshares boosted their target price on shares of Calibre Mining from C$3.40 to C$4.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 11th. Finally, Raymond James raised their price target on shares of Calibre Mining from C$3.25 to C$4.00 in a research report on Friday, April 4th. Four analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of C$3.57.
Read Our Latest Stock Analysis on CXB
Calibre Mining Trading Down 2.7 %
The company's fifty day moving average price is C$3.04 and its two-hundred day moving average price is C$2.66. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 38.70. The company has a market cap of C$1.96 billion, a price-to-earnings ratio of 60.97 and a beta of 2.08.
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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