Ventum Financial Analysts Give Calibre Mining (TSE:CXB) a C$3.30 Price Target

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

CXB has been the subject of a number of other research reports. Jefferies Financial Group increased their price target on shares of Calibre Mining from C$2.75 to C$3.50 in a research note on Friday, October 4th. 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. Stifel Nicolaus lowered their price target on shares of Calibre Mining from C$5.00 to C$4.40 in a research report on Monday, October 21st. TD Securities lowered their price target on shares of Calibre Mining from C$3.50 to C$3.25 in a research report on Wednesday, November 6th. Finally, 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. Six investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$3.40.

Calibre Mining Stock Up 0.8 %

Shares of CXB stock opened at C$2.44 on Monday. Calibre Mining has a 12-month low of C$1.20 and a 12-month high of C$2.90. The firm has a fifty day moving average of C$2.30 and a 200-day moving average of C$2.34. The company has a market capitalization of C$1.93 billion, a price-to-earnings ratio of 17.43 and a beta of 2.08. The company has a quick ratio of 0.97, a current ratio of 2.33 and a debt-to-equity ratio of 39.77.

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.