Calibre Mining (TSE:CXB) Given New C$3.40 Price Target at National Bankshares

Calibre Mining (TSE:CXB - Free Report) had its target price cut by National Bankshares from C$3.60 to C$3.40 in a research report report published on Thursday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other equities research analysts also recently issued reports on the stock. Stifel Nicolaus lowered their price objective on shares of Calibre Mining from C$5.00 to C$4.40 in a research note on Monday, October 21st. TD Securities decreased their price target on shares of Calibre Mining from C$3.50 to C$3.25 in a research report on Wednesday, November 6th. National Bank Financial upgraded shares of Calibre Mining from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 9th. Finally, Jefferies Financial Group increased their target price on shares of Calibre Mining from C$2.75 to C$3.50 in a research note on Friday, October 4th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Calibre Mining has a consensus rating of "Buy" and an average price target of C$3.41.

Calibre Mining Stock Performance

Shares of Calibre Mining stock traded up C$0.02 during trading on Thursday, reaching C$2.44. The company's stock had a trading volume of 1,651,595 shares, compared to its average volume of 1,545,793. Calibre Mining has a one year low of C$1.18 and a one year high of C$2.90. The company has a debt-to-equity ratio of 39.77, a quick ratio of 0.97 and a current ratio of 2.33. The firm has a market cap of C$1.93 billion, a price-to-earnings ratio of 17.43 and a beta of 2.08. The business's fifty day moving average price is C$2.30 and its 200-day moving average price is C$2.30.

About Calibre Mining

Calibre Mining Corp., together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Nicaragua, the United States, and Canada. It primarily explores gold, silver, and copper deposits. The company was formerly known as TLC Ventures Corp. and changed its name to Calibre Mining Corp.