Filo Mining (CVE:FIL) has been given a C$5.00 price objective by research analysts at National Bank Financial in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 82.48% from the stock’s previous close.
Shares of CVE:FIL traded down C$0.30 during trading on Tuesday, reaching C$2.74. The company had a trading volume of 324,450 shares, compared to its average volume of 30,809. The company has a market cap of $221.56 million and a price-to-earnings ratio of -7.25. The company has a debt-to-equity ratio of 33.80, a current ratio of 0.26 and a quick ratio of 0.26. The firm’s fifty day moving average price is C$2.85. Filo Mining has a fifty-two week low of C$2.00 and a fifty-two week high of C$3.25.
About Filo Mining
Filo Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Chile and Argentina. Its flagship property is the Filo del Sol project, a copper, gold, and silver project located along the border of Region III, Chile and San Juan Province, Argentina.
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