Shares of Calibre Mining Corp. (TSE:CXB – Get Free Report) have been given an average recommendation of “Moderate Buy” by the six research firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$2.65.
A number of research analysts have weighed in on the company. Scotiabank increased their target price on Calibre Mining from C$2.25 to C$2.75 in a report on Thursday, May 23rd. Stifel Nicolaus raised their price objective on shares of Calibre Mining from C$2.25 to C$2.50 in a report on Friday, April 19th. Raymond James upped their target price on shares of Calibre Mining from C$2.25 to C$2.50 in a report on Tuesday, April 23rd. Jefferies Financial Group lifted their price target on shares of Calibre Mining from C$2.00 to C$2.25 and gave the stock a “buy” rating in a research note on Monday, April 22nd. Finally, National Bankshares upped their price objective on Calibre Mining from C$2.40 to C$2.60 and gave the stock a “sector perform” rating in a research note on Friday, May 17th.
Check Out Our Latest Stock Report on Calibre Mining
Insider Activity at Calibre Mining
Calibre Mining Price Performance
CXB opened at C$1.80 on Monday. The stock’s 50 day moving average price is C$1.98 and its 200-day moving average price is C$1.68. Calibre Mining has a 52-week low of C$1.16 and a 52-week high of C$2.34. The stock has a market capitalization of C$1.42 billion, a PE ratio of 10.00 and a beta of 2.07. The company has a debt-to-equity ratio of 44.76, a quick ratio of 0.97 and a current ratio of 2.16.
Calibre Mining (TSE:CXB – Get Free Report) last released its quarterly earnings results on Tuesday, May 14th. The company reported C$0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.04 by C($0.02). The company had revenue of C$177.80 million during the quarter. Calibre Mining had a return on equity of 10.32% and a net margin of 11.47%.
About Calibre Mining
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.
Recommended Stories
- Five stocks we like better than Calibre Mining
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Upwork Stock’s Outlook: Numbers Solid Despite Gen-AI Challenges
- Canadian Penny Stocks: Can They Make You Rich?
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- How to Calculate Inflation Rate
- MarketBeat Week in Review – 6/24 – 6/28
Receive News & Ratings for Calibre Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calibre Mining and related companies with MarketBeat.com's FREE daily email newsletter.