Brokerages Set Calibre Mining Corp. (TSE:CXB) PT at C$3.46

Shares of Calibre Mining Corp. (TSE:CXB) have received an average rating of “Buy” from the eight ratings firms that are presently covering the firm, Marketbeat reports. Six analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is C$3.46.

A number of brokerages have commented on CXB. National Bankshares boosted their target price on Calibre Mining from C$3.40 to C$4.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. Ventum Cap Mkts upgraded Calibre Mining to a “strong-buy” rating in a research note on Friday, January 17th. Finally, Ventum Financial set a C$3.30 price target on Calibre Mining and gave the stock a “buy” rating in a research note on Thursday, January 30th.

Calibre Mining Stock Performance

Shares of TSE CXB opened at C$2.99 on Friday. The business’s 50-day moving average price is C$2.68 and its two-hundred day moving average price is C$2.52. The company has a debt-to-equity ratio of 38.70, a current ratio of 2.06 and a quick ratio of 0.97. Calibre Mining has a one year low of C$1.61 and a one year high of C$3.27. The company has a market capitalization of C$1.80 billion, a P/E ratio of 55.92 and a beta of 2.08.

Calibre Mining Company Profile

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.