Calibre Mining (CVE:CXB) Given a C$2.00 Price Target by BMO Capital Markets Analysts

BMO Capital Markets set a C$2.00 target price on Calibre Mining (CVE:CXB) in a research note published on Wednesday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other analysts have also recently issued reports on CXB. National Bankshares set a C$2.00 target price on shares of Calibre Mining and gave the stock a sector perform rating in a research note on Thursday, February 29th. Jefferies Financial Group set a C$2.00 price objective on Calibre Mining and gave the stock a buy rating in a report on Thursday, February 29th. Stifel Nicolaus set a C$2.25 target price on Calibre Mining and gave the stock a buy rating in a research note on Tuesday, March 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, Raymond James boosted their target price on shares of Calibre Mining from C$2.00 to C$2.25 in a research report on Wednesday, March 20th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average price target of C$2.24.

Calibre Mining Stock Down 4.9 %

CXB stock opened at C$0.58 on Wednesday. The business’s 50 day simple moving average is C$0.58 and its 200 day simple moving average is C$0.58. Calibre Mining has a 1-year low of C$0.30 and a 1-year high of C$0.75. The firm has a market capitalization of C$26.00 million and a PE ratio of -11.84. The company has a current ratio of 7.18, a quick ratio of 6.94 and a debt-to-equity ratio of 1.08.

Calibre Mining Company Profile

Calibre Mining Corp., an exploration stage company, engages in the acquisition, exploration, and development of precious and base metals assets and mineral properties in Nicaragua. The company explores for gold, silver, and copper deposits. It holds a 100% interest in the Borosi project consisting of various contiguous mining and exploration concessions located in the North Atlantic Autonomous Region of Nicaragua, Central America; and a 100% interest in mineral concessions covering an area of 413 square kilometers in the mining triangle of northeast Nicaragua, including the Santa Maria project, Primavera gold-copper project, and Monte Carmelo gold project.