Calibre Mining Corp. (TSE:CXB - Get Free Report)'s stock price traded down 4.9% during trading on Thursday . The stock traded as low as C$2.98 and last traded at C$3.13. 6,107,113 shares traded hands during mid-day trading, an increase of 93% from the average session volume of 3,157,823 shares. The stock had previously closed at C$3.29.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on the stock. Jefferies Financial Group boosted their price target on shares of Calibre Mining from C$3.00 to C$3.50 in a report on Friday, April 4th. Raymond James lifted their price objective on shares of Calibre Mining from C$3.25 to C$4.00 in a research report on Friday, April 4th. Finally, Stifel Nicolaus lifted their price objective on shares of Calibre Mining from C$4.00 to C$4.50 in a research report on Monday, April 21st. Four investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Calibre Mining presently has a consensus rating of "Buy" and an average price target of C$3.63.
Get Our Latest Report on CXB
Calibre Mining Stock Performance
The stock has a market cap of C$1.78 billion, a PE ratio of 55.17 and a beta of 2.08. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 38.70. The business's 50-day moving average price is C$3.15 and its 200-day moving average price is C$2.83.
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.
Featured Articles
Before you consider Calibre Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Calibre Mining wasn't on the list.
While Calibre Mining currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
