Calibre Mining Corp. (TSE:CXB - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The company traded as high as C$3.41 and last traded at C$3.39, with a volume of 1044085 shares changing hands. The stock had previously closed at C$3.31.
Analysts Set New Price Targets
Several brokerages have recently weighed in on CXB. Jefferies Financial Group increased their target price on shares of Calibre Mining from C$3.00 to C$3.50 in a research note on Friday, April 4th. Stifel Nicolaus upped their price target on Calibre Mining from C$4.00 to C$4.50 in a research note on Monday, April 21st. National Bankshares increased their price target on Calibre Mining from C$3.40 to C$4.00 and gave the stock an "outperform" rating in a report on Tuesday, February 11th. Finally, Raymond James boosted their price objective on shares of Calibre Mining from C$3.25 to C$4.00 in a research note on Friday, April 4th. Four analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of C$3.63.
Check Out Our Latest Stock Analysis on Calibre Mining
Calibre Mining Price Performance
The company has a debt-to-equity ratio of 38.70, a quick ratio of 0.97 and a current ratio of 2.06. The stock has a market capitalization of C$1.99 billion, a PE ratio of 61.90 and a beta of 2.08. The company's fifty day simple moving average is C$3.10 and its two-hundred day simple moving average is C$2.79.
About Calibre Mining
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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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