Calibre Mining Corp. (TSE:CXB) Receives C$3.63 Average Target Price from Analysts

Shares of Calibre Mining Corp. (TSE:CXB) have earned an average rating of “Buy” from the six ratings firms that are presently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$3.63.

CXB has been the subject of several research reports. Jefferies Financial Group lifted their target price on Calibre Mining from C$3.00 to C$3.50 in a research note on Friday, April 4th. Stifel Nicolaus lifted their price objective on Calibre Mining from C$4.00 to C$4.50 in a research note on Monday, April 21st. Finally, Raymond James Financial lifted their price objective on Calibre Mining from C$3.25 to C$4.00 in a research note on Friday, April 4th.

Calibre Mining Trading Down 0.3%

CXB stock opened at C$2.99 on Monday. The business has a fifty day moving average price of C$3.16 and a 200 day moving average price of C$2.84. The stock has a market capitalization of C$1.80 billion, a price-to-earnings ratio of 55.92 and a beta of 2.08. Calibre Mining has a fifty-two week low of C$1.73 and a fifty-two week high of C$3.53. 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 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.