Shares of Calibre Mining Corp. (TSE:CXB - Get Free Report) traded up 4.2% during trading on Wednesday . The company traded as high as C$2.72 and last traded at C$2.70. 1,493,876 shares were traded during mid-day trading, a decline of 50% from the average session volume of 3,003,114 shares. The stock had previously closed at C$2.59.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on CXB shares. 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 Cap Mkts raised Calibre Mining to a "strong-buy" rating in a report on Friday, January 17th. Jefferies Financial Group lifted their price objective on Calibre Mining from C$3.00 to C$3.50 in a report on Friday, April 4th. Raymond James upped their price target on shares of Calibre Mining from C$3.25 to C$4.00 in a research report on Friday, April 4th. Finally, Ventum Financial set a C$3.30 price objective on Calibre Mining and gave the stock a "buy" rating in a research note on Thursday, January 30th. Six equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Calibre Mining currently has a consensus rating of "Buy" and a consensus price target of C$3.56.
Get Our Latest Analysis on CXB
Calibre Mining Stock Performance
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 company has a market cap of C$1.93 billion, a PE ratio of 60.03 and a beta of 2.08. The business's 50 day moving average is C$2.98 and its two-hundred day moving average is C$2.62.
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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