Calibre Mining Corp. (TSE:CXB) Receives C$3.41 Consensus PT from Analysts

Calibre Mining Corp. (TSE:CXB) has earned an average recommendation of “Buy” from the six research firms that are currently covering the firm, MarketBeat reports. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$3.41.

Several equities analysts have weighed in on the stock. National Bankshares decreased their target price on shares of Calibre Mining from C$3.60 to C$3.40 and set an “outperform” rating on the stock in a report on Thursday, January 9th. National Bank Financial upgraded Calibre Mining from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 9th. TD Securities reduced their target price on Calibre Mining from C$3.50 to C$3.25 in a research report on Wednesday, November 6th. Jefferies Financial Group increased their price target on Calibre Mining from C$2.75 to C$3.50 in a report on Friday, October 4th. Finally, Stifel Nicolaus reduced their price objective on shares of Calibre Mining from C$5.00 to C$4.40 in a report on Monday, October 21st.

Calibre Mining Stock Down 0.9 %

TSE CXB opened at C$2.28 on Friday. The company has a quick ratio of 0.97, a current ratio of 2.33 and a debt-to-equity ratio of 39.77. Calibre Mining has a 52 week low of C$1.18 and a 52 week high of C$2.90. The business’s fifty day simple moving average is C$2.29 and its 200-day simple moving average is C$2.33. The firm has a market cap of C$1.80 billion, a PE ratio of 16.29 and a beta of 2.08.

About Calibre Mining

Calibre Mining Corp., together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Nicaragua, the United States, and Canada. It primarily explores gold, silver, and copper deposits. The company was formerly known as TLC Ventures Corp. and changed its name to Calibre Mining Corp.