Calibre Mining Corp. (TSE:CXB) Given Consensus Rating of “Buy” by Analysts

Shares of Calibre Mining Corp. (TSE:CXBGet Free Report) have been given an average rating of “Buy” by the six brokerages that are currently covering the company, MarketBeat reports. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$3.43.

CXB has been the topic of several analyst reports. Cormark increased their price target on shares of Calibre Mining from C$3.00 to C$3.15 in a research note on Monday, September 9th. Jefferies Financial Group raised their target price on Calibre Mining from C$2.75 to C$3.50 in a report on Friday, October 4th. National Bankshares decreased their price target on Calibre Mining from C$4.00 to C$3.60 and set an “outperform” rating for the company in a research note on Wednesday, October 23rd. National Bank Financial raised Calibre Mining from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 9th. Finally, Raymond James boosted their target price on Calibre Mining from C$2.50 to C$3.00 in a report on Friday, September 6th.

Check Out Our Latest Analysis on CXB

Calibre Mining Trading Up 0.5 %

Shares of TSE CXB opened at C$2.16 on Monday. The stock has a market cap of C$1.70 billion, a price-to-earnings ratio of 15.43 and a beta of 2.08. The business has a 50 day simple moving average of C$2.44 and a 200 day simple moving average of C$2.27. The company has a debt-to-equity ratio of 39.77, a quick ratio of 0.97 and a current ratio of 2.33. Calibre Mining has a 52 week low of C$1.18 and a 52 week high of C$2.90.

Calibre Mining Company Profile

(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.

Further Reading

Analyst Recommendations for Calibre Mining (TSE:CXB)

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