Calibre Mining Corp. (TSE:CXB) Receives Average Rating of “Buy” from Analysts

Shares of Calibre Mining Corp. (TSE:CXBGet Free Report) have been assigned a consensus rating of “Buy” from the six research firms that are presently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is C$3.41.

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

View Our Latest Research Report on Calibre Mining

Calibre Mining Price Performance

CXB stock opened at C$2.30 on Friday. The business’s 50-day moving average is C$2.29 and its two-hundred day moving average is C$2.32. The company has a debt-to-equity ratio of 39.77, a current ratio of 2.33 and a quick ratio of 0.97. The firm has a market capitalization of C$1.82 billion, a P/E ratio of 16.43 and a beta of 2.08. Calibre Mining has a 1 year low of C$1.18 and a 1 year high of C$2.90.

Calibre Mining Company Profile

(Get Free Report

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.

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Analyst Recommendations for Calibre Mining (TSE:CXB)

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