Calibre Mining Corp. (TSE:CXB - Get Free Report)'s stock price rose 5% on Friday . The company traded as high as C$3.16 and last traded at C$3.14. Approximately 430,142 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 3,057,879 shares. The stock had previously closed at C$2.99.
Analyst Ratings Changes
Several analysts have issued reports on CXB shares. Ventum Financial set a C$3.30 target price on Calibre Mining and gave the company a "buy" rating in a research report on Thursday, January 30th. Ventum Cap Mkts upgraded Calibre Mining to a "strong-buy" rating in a research note on Friday, January 17th. Jefferies Financial Group increased their price target on shares of Calibre Mining from C$3.00 to C$3.50 in a research report on Friday, April 4th. Raymond James lifted their price objective on shares of Calibre Mining from C$3.25 to C$4.00 in a research report on Friday, April 4th. Finally, National Bankshares increased their target price 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 research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Calibre Mining has a consensus rating of "Buy" and an average target price of C$3.56.
Check Out Our Latest Report on CXB
Calibre Mining Stock Performance
The firm has a market capitalization of C$1.91 billion, a price-to-earnings ratio of 59.28 and a beta of 2.08. 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 stock has a 50-day moving average price of C$2.98 and a 200 day moving average price of C$2.62.
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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