Calibre Mining Corp. (TSE:CXB - Get Free Report)'s stock price traded down 2.1% during mid-day trading on Tuesday . The company traded as low as C$3.14 and last traded at C$3.20. 1,400,850 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 3,157,560 shares. The stock had previously closed at C$3.27.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the company. National Bankshares increased their target price 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 increased their price objective on shares of Calibre Mining from C$3.00 to C$3.50 in a research report on Friday, April 4th. Stifel Nicolaus raised their price objective on shares of Calibre Mining from C$4.00 to C$4.50 in a research note on Monday, April 21st. Raymond James increased their price target on Calibre Mining from C$3.25 to C$4.00 in a report on Friday, April 4th. Finally, Ventum Cap Mkts upgraded Calibre Mining to a "strong-buy" rating in a report on Friday, January 17th. Four research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of C$3.57.
Check Out Our Latest Stock Report on CXB
Calibre Mining Stock Performance
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 50 day moving average price of C$3.04 and a 200 day moving average price of C$2.66. The stock has a market cap of C$1.96 billion, a PE ratio of 60.97 and a beta of 2.08.
About Calibre Mining
(
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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