Cormark Brokers Cut Earnings Estimates for Filo Mining Corp. (CVE:FIL)

Filo Mining Corp. (CVE:FILGet Rating) – Cormark decreased their FY2022 earnings per share (EPS) estimates for Filo Mining in a report released on Thursday, April 21st. Cormark analyst S. Ioannou now anticipates that the company will earn ($0.05) per share for the year, down from their previous forecast of ($0.03).

Other equities research analysts have also issued research reports about the company. National Bankshares upped their target price on Filo Mining from C$22.50 to C$25.00 in a research report on Friday, April 8th. Pi Financial boosted their target price on shares of Filo Mining from C$13.50 to C$17.15 in a research report on Tuesday, January 11th. Haywood Securities increased their price target on Filo Mining from C$22.00 to C$30.00 in a research report on Thursday, January 20th. Scotiabank boosted their price objective on Filo Mining from C$20.50 to C$25.00 in a report on Thursday. Finally, BMO Capital Markets upped their price objective on Filo Mining from C$23.00 to C$28.00 in a research report on Thursday.

Shares of FIL stock opened at C$8.97 on Monday. The stock has a fifty day moving average price of C$8.97. Filo Mining has a 1 year low of C$1.60 and a 1 year high of C$11.97. The company has a debt-to-equity ratio of 0.01, a current ratio of 9.86 and a quick ratio of 9.80. The stock has a market cap of C$1.02 billion and a price-to-earnings ratio of -46.72.

About Filo Mining (Get Rating)

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.

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