Calibre Mining Corp. (TSE:CXB - Get Free Report)'s share price traded up 4.2% during trading on Wednesday . The stock traded as high as C$2.72 and last traded at C$2.70. 378,048 shares were traded during mid-day trading, a decline of 87% from the average session volume of 2,990,399 shares. The stock had previously closed at C$2.59.
Analysts Set New Price Targets
CXB has been the subject of several research reports. Raymond James raised their price objective on shares of Calibre Mining from C$3.25 to C$4.00 in a research report on Friday, April 4th. Ventum Financial set a C$3.30 price target on shares of Calibre Mining and gave the stock a "buy" rating in a research report on Thursday, January 30th. National Bankshares increased their price objective on 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. Jefferies Financial Group raised their price objective on Calibre Mining from C$3.00 to C$3.50 in a research note on Friday, April 4th. Finally, Ventum Cap Mkts raised Calibre Mining to a "strong-buy" rating in a research report on Friday, January 17th. Six investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Calibre Mining currently has a consensus rating of "Buy" and an average price target of C$3.56.
Read Our Latest Research Report on CXB
Calibre Mining Trading Up 1.3 %
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 has a market cap of C$1.93 billion, a price-to-earnings ratio of 59.84 and a beta of 2.08. The company has a 50-day moving average price of C$2.98 and a 200 day moving average price of C$2.62.
Calibre Mining Company Profile
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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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