Shares of Calibre Mining Corp. (TSE:CXB - Get Free Report) have received an average recommendation of "Buy" from the six brokerages that are currently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is C$3.57.
A number of analysts have recently weighed in on the stock. Ventum Financial set a C$3.30 price target on shares of Calibre Mining and gave the stock a "buy" rating in a research note on Thursday, January 30th. Raymond James increased their price target on Calibre Mining from C$3.25 to C$4.00 in a research report on Friday, April 4th. Jefferies Financial Group upped their price objective on shares of Calibre Mining from C$3.00 to C$3.50 in a research note on Friday, April 4th. Stifel Nicolaus lifted their target price on shares of Calibre Mining from C$4.00 to C$4.50 in a research report on Monday, April 21st. Finally, Ventum Cap Mkts upgraded shares of Calibre Mining to a "strong-buy" rating in a research report on Friday, January 17th.
Check Out Our Latest Report on Calibre Mining
Calibre Mining Stock Performance
TSE CXB traded down C$0.14 during trading hours on Friday, reaching C$3.09. The company's stock had a trading volume of 896,990 shares, compared to its average volume of 3,120,130. The stock has a market cap of C$1.86 billion, a PE ratio of 57.79 and a beta of 2.08. The business has a 50-day simple moving average of C$3.04 and a 200 day simple moving average of C$2.67. Calibre Mining has a 52 week low of C$1.73 and a 52 week high of C$3.36. 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 Company Profile
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Get Free ReportCalibre 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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