Calibre Mining (TSE:CXB) Given New C$2.50 Price Target at Raymond James

Calibre Mining (TSE:CXB) had its price objective raised by stock analysts at Raymond James from C$2.25 to C$2.50 in a research note issued to investors on Tuesday, BayStreet.CA reports. Raymond James’ target price indicates a potential upside of 36.61% from the company’s current price.

A number of other equities research analysts have also issued reports on the stock. BMO Capital Markets set a C$2.00 price objective on shares of Calibre Mining and gave the company an “outperform” rating in a report on Wednesday, April 17th. Jefferies Financial Group increased their price target on shares of Calibre Mining from C$2.00 to C$2.25 and gave the company a “buy” rating in a research note on Monday. Stifel Nicolaus lifted their price target on shares of Calibre Mining from C$2.25 to C$2.50 in a research report on Friday, April 19th. TD Securities increased their price objective on Calibre Mining from C$2.25 to C$2.50 and gave the stock a “buy” rating in a research report on Monday, January 29th. Finally, National Bankshares cut their target price on Calibre Mining from C$2.50 to C$2.40 in a research note on Friday, April 19th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, Calibre Mining presently has a consensus rating of “Moderate Buy” and a consensus target price of C$2.49.

Calibre Mining Trading Down 1.6 %

Shares of Calibre Mining stock opened at C$1.83 on Tuesday. The company has a debt-to-equity ratio of 3.72, a current ratio of 2.21 and a quick ratio of 0.97. The stock’s 50 day simple moving average is C$1.72 and its 200-day simple moving average is C$1.47. The stock has a market cap of C$1.32 billion, a P/E ratio of 7.63 and a beta of 2.06. Calibre Mining has a 1-year low of C$1.16 and a 1-year high of C$2.00.

Calibre Mining (TSE:CXB) last released its quarterly earnings data on Tuesday, February 20th. The company reported C$0.07 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.05 by C$0.02. The company had revenue of C$206.40 million for the quarter. Calibre Mining had a return on equity of 16.87% and a net margin of 15.14%. Analysts predict that Calibre Mining will post 0.2030769 EPS for the current fiscal year.

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.