Calibre Mining (TSE:CXB - Free Report) had its price target raised by Stifel Nicolaus from C$4.00 to C$4.50 in a report issued on Monday,BayStreet.CA reports.
Several other analysts have also recently weighed in on CXB. Raymond James boosted their price target on Calibre Mining from C$3.25 to C$4.00 in a report on Friday, April 4th. National Bankshares upped their price target on shares of Calibre Mining from C$3.40 to C$4.00 and gave the company an "outperform" rating in a research report on Tuesday, February 11th. Ventum Financial set a C$3.30 price target on shares of Calibre Mining and gave the stock a "buy" rating in a report on Thursday, January 30th. Jefferies Financial Group increased their price objective on Calibre Mining from C$3.00 to C$3.50 in a report on Friday, April 4th. Finally, Ventum Cap Mkts raised Calibre Mining to a "strong-buy" rating in a research report on Friday, January 17th. Four investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of C$3.57.
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Calibre Mining Price Performance
Shares of CXB stock traded down C$0.09 during trading hours on Monday, reaching C$3.26. The company's stock had a trading volume of 3,013,095 shares, compared to its average volume of 3,202,232. Calibre Mining has a fifty-two week low of C$1.73 and a fifty-two week high of C$3.36. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 38.70. The firm's 50 day simple moving average is C$3.04 and its 200-day simple moving average is C$2.66. 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.
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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