Calibre Mining (TSE:CXB) Given a C$3.30 Price Target at Ventum Financial

Ventum Financial set a C$3.30 price target on Calibre Mining (TSE:CXB) in a research report released on Monday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

CXB has been the subject of several other reports. National Bank Financial upgraded Calibre Mining from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 9th. TD Securities reduced their price target on Calibre Mining from C$3.50 to C$3.25 in a research report on Wednesday, November 6th. Stifel Nicolaus lowered their price objective on Calibre Mining from C$5.00 to C$4.40 in a research report on Monday, October 21st. National Bankshares cut their price objective on Calibre Mining from C$3.60 to C$3.40 and set an “outperform” rating for the company in a research note on Thursday, January 9th. Finally, Jefferies Financial Group raised their target price on shares of Calibre Mining from C$2.75 to C$3.50 in a research note on Friday, October 4th. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Calibre Mining has an average rating of “Buy” and an average price target of C$3.40.

Calibre Mining Price Performance

TSE CXB opened at C$2.35 on Monday. The company has a debt-to-equity ratio of 39.77, a current ratio of 2.33 and a quick ratio of 0.97. Calibre Mining has a 1-year low of C$1.18 and a 1-year high of C$2.90. The stock has a market capitalization of C$1.85 billion, a price-to-earnings ratio of 16.79 and a beta of 2.08. The business’s fifty day moving average price is C$2.29 and its 200-day moving average price is C$2.33.

Calibre Mining Company Profile

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.