Shares of Calibre Mining Corp. (TSE:CXB - Get Free Report) traded up 3.1% on Wednesday . The company traded as high as C$2.72 and last traded at C$2.67. 1,049,548 shares traded hands during trading, a decline of 65% from the average session volume of 2,998,561 shares. The stock had previously closed at C$2.59.
Wall Street Analysts Forecast Growth
CXB has been the topic of several analyst reports. Raymond James increased their price objective on shares of Calibre Mining from C$3.25 to C$4.00 in a report on Friday, April 4th. Ventum Cap Mkts upgraded shares of Calibre Mining to a "strong-buy" rating in a report on Friday, January 17th. Jefferies Financial Group increased their price objective on Calibre Mining from C$3.00 to C$3.50 in a report on Friday, April 4th. Ventum Financial set a C$3.30 price target on Calibre Mining and gave the stock a "buy" rating in a report on Thursday, January 30th. Finally, 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. Six investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of C$3.56.
Read Our Latest Analysis on CXB
Calibre Mining Trading Up 1.6 %
The company has a market capitalization of C$1.93 billion, a price-to-earnings ratio of 60.03 and a beta of 2.08. The firm has a fifty day moving average price of C$2.98 and a 200-day moving average price of C$2.62. The company has a debt-to-equity ratio of 38.70, a quick ratio of 0.97 and a current ratio of 2.06.
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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