Calibre Mining (TSE:CXB - Free Report) had its price objective upped by Stifel Nicolaus from C$4.00 to C$4.50 in a report issued on Monday morning,BayStreet.CA reports.
A number of other equities analysts also recently commented on CXB. Ventum Cap Mkts raised Calibre Mining to a "strong-buy" rating in a research report on Friday, January 17th. National Bankshares increased their price objective 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 price objective on shares of Calibre Mining and gave the stock a "buy" rating in a research report on Thursday, January 30th. Raymond James increased their target price on Calibre Mining from C$3.25 to C$4.00 in a report on Friday, April 4th. Finally, Jefferies Financial Group upped their price objective on Calibre Mining from C$3.00 to C$3.50 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 company. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of C$3.57.
View Our Latest Analysis on CXB
Calibre Mining Stock Down 3.0 %
TSE:CXB traded down C$0.10 during midday trading on Monday, reaching C$3.25. The company had a trading volume of 548,576 shares, compared to its average volume of 3,169,755. Calibre Mining has a 12-month low of C$1.73 and a 12-month high of C$3.36. The firm has a market capitalization of C$1.96 billion, a price-to-earnings ratio of 60.78 and a beta of 2.08. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 38.70. The stock's fifty day simple moving average is C$3.03 and its 200-day simple moving average is C$2.66.
Calibre Mining Company Profile
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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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