Calibre Mining Corp. (TSE:CXB) Receives C$3.43 Consensus PT from Analysts

Shares of Calibre Mining Corp. (TSE:CXB) have been assigned a consensus recommendation of “Buy” from the six research firms that are currently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$3.43.

A number of equities research analysts recently commented on CXB shares. National Bankshares dropped their target price on Calibre Mining from C$4.00 to C$3.60 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. Stifel Nicolaus dropped their price objective on shares of Calibre Mining from C$5.00 to C$4.40 in a report on Monday, October 21st. Raymond James raised their target price on shares of Calibre Mining from C$2.50 to C$3.00 in a report on Friday, September 6th. TD Securities lowered their price target on shares of Calibre Mining from C$3.50 to C$3.25 in a report on Wednesday, November 6th. Finally, Jefferies Financial Group lifted their price objective on Calibre Mining from C$2.75 to C$3.50 in a research note on Friday, October 4th.

Calibre Mining Price Performance

Shares of CXB opened at C$2.16 on Monday. The company’s fifty day moving average price is C$2.37 and its 200-day moving average price is C$2.28. The company has a debt-to-equity ratio of 39.77, a current ratio of 2.33 and a quick ratio of 0.97. The firm has a market capitalization of C$1.70 billion, a PE ratio of 15.43 and a beta of 2.08. Calibre Mining has a 1-year low of C$1.18 and a 1-year high of C$2.90.

Calibre Mining Company Profile

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.