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Calibre Mining Corp. (TSE:CXB) Receives Average Rating of "Buy" from Brokerages

Calibre Mining logo with Basic Materials background

Calibre Mining Corp. (TSE:CXB - Get Free Report) has received a consensus recommendation of "Buy" from the six research firms that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is C$3.63.

A number of analysts recently weighed in on the company. Jefferies Financial Group boosted their target price on Calibre Mining from C$3.00 to C$3.50 in a research report on Friday, April 4th. Raymond James Financial lifted their price target on shares of Calibre Mining from C$3.25 to C$4.00 in a research note on Friday, April 4th. Finally, Stifel Nicolaus boosted their price objective on shares of Calibre Mining from C$4.00 to C$4.50 in a report on Monday, April 21st.

Check Out Our Latest Report on Calibre Mining

Calibre Mining Price Performance

CXB stock traded down C$0.01 during mid-day trading on Monday, hitting C$2.99. 5,249,487 shares of the stock were exchanged, compared to its average volume of 3,188,815. The business has a fifty day moving average price of C$3.16 and a 200 day moving average price of C$2.84. Calibre Mining has a 12 month low of C$1.73 and a 12 month high of C$3.53. The company has a debt-to-equity ratio of 38.70, a current ratio of 2.06 and a quick ratio of 0.97. The stock has a market capitalization of C$1.80 billion, a price-to-earnings ratio of 55.92 and a beta of 2.08.

Calibre Mining Company Profile

(Get Free Report

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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Analyst Recommendations for Calibre Mining (TSE:CXB)

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