Calibre Mining Corp. (TSE:CXB) Receives C$3.63 Average Price Target from Analysts

Shares of Calibre Mining Corp. (TSE:CXB - Get Free Report) have been given a consensus recommendation of "Buy" by the six research firms that are covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$3.63.

A number of research analysts have recently issued reports on CXB shares. Ventum Financial set a C$3.30 price target on shares of Calibre Mining and gave the stock a "buy" rating in a research report on Thursday, January 30th. National Bankshares boosted their price target on shares of Calibre Mining from C$3.40 to C$4.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 11th. Stifel Nicolaus boosted their price target on shares of Calibre Mining from C$4.00 to C$4.50 in a research report on Monday, April 21st. Raymond James boosted 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, Jefferies Financial Group boosted their price target on shares of Calibre Mining from C$3.00 to C$3.50 in a research report on Friday, April 4th.

Calibre Mining Trading Down 1.2%

TSE:CXB traded down C$0.04 during mid-day trading on Thursday, hitting C$3.21. 1,086,750 shares of the company's stock were exchanged, compared to its average volume of 3,201,162. The company has a 50 day simple moving average of C$3.09 and a 200-day simple moving average of C$2.74. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 38.70. Calibre Mining has a fifty-two week low of C$1.73 and a fifty-two week high of C$3.36. The firm has a market capitalization of C$1.93 billion, a P/E ratio of 60.03 and a beta of 2.08.

Calibre Mining Company Profile

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.