Shares of Calibre Mining Corp. (TSE:CXB - Get Free Report) traded down 3.4% during mid-day trading on Tuesday . The stock traded as low as C$3.14 and last traded at C$3.16. 1,358,097 shares changed hands during trading, a decline of 57% from the average session volume of 3,155,761 shares. The stock had previously closed at C$3.27.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the stock. Stifel Nicolaus lifted their target price on shares of Calibre Mining from C$4.00 to C$4.50 in a report on Monday, April 21st. Jefferies Financial Group upped their target price on shares of Calibre Mining from C$3.00 to C$3.50 in a report on Friday, April 4th. National Bankshares raised 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. Ventum Financial set a C$3.30 price objective on Calibre Mining and gave the company a "buy" rating in a research note on Thursday, January 30th. Finally, Raymond James lifted their price objective on Calibre Mining from C$3.25 to C$4.00 in a report on Friday, April 4th. Four analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Calibre Mining has an average rating of "Buy" and a consensus price target of C$3.57.
Get Our Latest Report on Calibre Mining
Calibre Mining Stock Down 2.7 %
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 company has a market capitalization of C$1.96 billion, a price-to-earnings ratio of 60.97 and a beta of 2.08. The firm's 50-day simple moving average is C$3.04 and its two-hundred day simple moving average is C$2.66.
Calibre Mining Company Profile
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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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