Analysts Set Filo Mining Corp. (CVE:FIL) PT at C$32.75

Filo Mining Corp. (CVE:FIL) has received a consensus recommendation of “Moderate Buy” from the eight research firms that are presently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$32.75.

Several research analysts have issued reports on FIL shares. Canaccord Genuity Group dropped their target price on shares of Filo Mining from C$33.00 to C$32.00 in a report on Monday, July 22nd. CIBC dropped their price objective on Filo Mining from C$40.00 to C$33.00 in a research report on Tuesday, August 6th. National Bankshares boosted their target price on shares of Filo Mining from C$36.00 to C$38.00 and gave the stock an “outperform” rating in a report on Monday, June 10th. Ventum Financial cut shares of Filo Mining from a “buy” rating to a “tender” rating and lowered their price target for the company from C$37.00 to C$33.00 in a report on Tuesday, July 30th. Finally, Royal Bank of Canada reduced their price objective on shares of Filo Mining from C$34.00 to C$33.00 and set a “sector perform” rating for the company in a research note on Tuesday, September 10th.

Filo Mining Stock Performance

Shares of CVE:FIL opened at C$8.97 on Friday. The company has a current ratio of 9.86, a quick ratio of 9.80 and a debt-to-equity ratio of 0.01. Filo Mining has a 12 month low of C$1.60 and a 12 month high of C$11.97. The company has a market capitalization of C$1.02 billion and a price-to-earnings ratio of -46.72. The firm’s 50-day moving average is C$8.97 and its 200 day moving average is C$8.97.

Filo Mining (CVE:FIL) last announced its quarterly earnings results on Friday, August 9th. The company reported C($0.19) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.26) by C$0.07. Research analysts predict that Filo Mining will post -3.2399998 EPS for the current year.

Filo Mining Company Profile

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.