Brokerages Set Calibre Mining Corp. (TSE:CXB) PT at C$2.49

Calibre Mining Corp. (TSE:CXBGet Free Report) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$2.64.

Several equities research analysts have issued reports on CXB shares. TD Securities raised their price target on shares of Calibre Mining from C$2.25 to C$2.50 and gave the stock a “buy” rating in a research note on Monday, January 29th. National Bankshares upped their target price on Calibre Mining from C$2.40 to C$2.60 and gave the company a “sector perform” rating in a research note on Friday. Canaccord Genuity Group raised their price target on Calibre Mining from C$3.00 to C$3.75 in a research note on Tuesday, April 23rd. Stifel Nicolaus raised their price target on Calibre Mining from C$2.25 to C$2.50 in a report on Friday, April 19th. Finally, Raymond James boosted their price target on shares of Calibre Mining from C$2.25 to C$2.50 in a report on Tuesday, April 23rd.

Check Out Our Latest Stock Analysis on CXB

Calibre Mining Stock Performance

Shares of CXB opened at C$2.29 on Friday. Calibre Mining has a 1 year low of C$1.16 and a 1 year high of C$2.29. The company’s fifty day moving average is C$1.88 and its two-hundred day moving average is C$1.55. The stock has a market capitalization of C$1.80 billion, a P/E ratio of 9.16 and a beta of 2.07. The company has a debt-to-equity ratio of 3.72, a quick ratio of 0.97 and a current ratio of 2.21.

Calibre Mining (TSE:CXBGet Free Report) last posted its earnings results on Tuesday, February 20th. The company reported C$0.07 EPS for the quarter, topping analysts’ consensus estimates of C$0.05 by C$0.02. Calibre Mining had a return on equity of 16.87% and a net margin of 15.14%. The company had revenue of C$206.40 million for the quarter. On average, sell-side analysts predict that Calibre Mining will post 0.219591 earnings per share for the current year.

About Calibre Mining

(Get Free Report

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.

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Analyst Recommendations for Calibre Mining (TSE:CXB)

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