Calibre Mining Corp. (TSE:CXB) Given Average Rating of "Moderate Buy" by Brokerages

Shares of Calibre Mining Corp. (TSE:CXB - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the six analysts that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is C$2.65.

A number of equities analysts have commented on the stock. Scotiabank lifted their price objective on shares of Calibre Mining from C$2.25 to C$2.75 in a research report on Thursday, May 23rd. Canaccord Genuity Group lifted their price objective on shares of Calibre Mining from C$3.00 to C$3.75 in a research report on Tuesday, April 23rd. BMO Capital Markets lifted their price objective on shares of Calibre Mining from C$2.00 to C$3.00 in a research report on Thursday, May 16th. Jefferies Financial Group lifted their price objective on shares of Calibre Mining from C$2.00 to C$2.25 and gave the stock a "buy" rating in a research report on Monday, April 22nd. Finally, Raymond James upped their target price on Calibre Mining from C$2.25 to C$2.50 in a research report on Tuesday, April 23rd.

Insider Activity

In related news, Senior Officer Kevin James Riley sold 15,000 shares of the business's stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of C$2.10, for a total value of C$31,500.00. In related news, Senior Officer Kevin James Riley sold 15,000 shares of the business's stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of C$2.10, for a total value of C$31,500.00. Also, Director Darren John Hall purchased 25,000 shares of the business's stock in a transaction that occurred on Monday, June 24th. The stock was bought at an average price of C$1.81 per share, with a total value of C$45,250.00. Over the last quarter, insiders have bought 28,500 shares of company stock valued at $51,620. 16.14% of the stock is owned by insiders.

Calibre Mining Stock Down 1.1 %

CXB traded down C$0.02 during trading on Monday, reaching C$1.80. 769,769 shares of the stock were exchanged, compared to its average volume of 2,823,865. The company has a debt-to-equity ratio of 44.76, a quick ratio of 0.97 and a current ratio of 2.16. The stock's 50 day moving average price is C$1.98 and its two-hundred day moving average price is C$1.68. Calibre Mining has a twelve month low of C$1.16 and a twelve month high of C$2.34. The stock has a market cap of C$1.42 billion, a P/E ratio of 10.00 and a beta of 2.07.

Calibre Mining (TSE:CXB - Get Free Report) last released its quarterly earnings data on Tuesday, May 14th. The company reported C$0.02 earnings per share for the quarter, missing the consensus estimate of C$0.04 by C($0.02). Calibre Mining had a return on equity of 10.32% and a net margin of 11.47%. The firm had revenue of C$177.80 million for the quarter.

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.