Calibre Mining (TSE:CXB) PT Raised to C$2.50

Calibre Mining (TSE:CXB) had its price objective lifted by research analysts at Raymond James from C$2.25 to C$2.50 in a report released on Tuesday, BayStreet.CA reports. Raymond James’ price objective suggests a potential upside of 36.61% from the stock’s current price.

Several other brokerages also recently weighed in on CXB. Stifel Nicolaus boosted their price objective on Calibre Mining from C$2.25 to C$2.50 in a research report on Friday, April 19th. Jefferies Financial Group upped their price target on shares of Calibre Mining from C$2.00 to C$2.25 and gave the company a “buy” rating in a report on Monday. BMO Capital Markets set a C$2.00 price target on shares of Calibre Mining and gave the company an “outperform” rating in a research report on Wednesday, April 17th. TD Securities boosted their price objective on shares of Calibre Mining from C$2.25 to C$2.50 and gave the company a “buy” rating in a research report on Monday, January 29th. Finally, National Bankshares lowered their price objective on shares of Calibre Mining from C$2.50 to C$2.40 in a research note on Friday, April 19th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$2.49.

Calibre Mining Stock Performance

Calibre Mining stock opened at C$1.83 on Tuesday. The firm has a fifty day simple moving average of C$1.72 and a two-hundred day simple moving average of C$1.47. The company has a quick ratio of 0.97, a current ratio of 2.21 and a debt-to-equity ratio of 3.72. Calibre Mining has a twelve month low of C$1.16 and a twelve month high of C$2.00. The company has a market capitalization of C$1.32 billion, a PE ratio of 7.63 and a beta of 2.06.

Calibre Mining (TSE:CXB) last released its quarterly earnings data on Tuesday, February 20th. The company reported C$0.07 EPS for the quarter, topping the consensus estimate of C$0.05 by C$0.02. The firm had revenue of C$206.40 million for the quarter. Calibre Mining had a return on equity of 16.87% and a net margin of 15.14%. Research analysts expect that Calibre Mining will post 0.2030769 EPS for the current year.

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.