Calibre Mining (CVE:CXB) Price Target Cut to C$2.00

Calibre Mining (CVE:CXBGet Rating) had its price objective reduced by Raymond James from C$2.25 to C$2.00 in a research note issued to investors on Tuesday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

CXB has been the topic of a number of other reports. Canaccord Genuity Group upped their target price on shares of Calibre Mining from C$2.00 to C$2.50 in a report on Friday, April 22nd. Scotiabank increased their price objective on shares of Calibre Mining from C$2.50 to C$2.75 in a report on Tuesday, April 19th.

Calibre Mining Stock Performance

Shares of CXB opened at C$0.58 on Tuesday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 6.94 and a current ratio of 7.18. Calibre Mining has a 1 year low of C$0.30 and a 1 year high of C$0.75. The stock has a market capitalization of C$26.00 million and a P/E ratio of -11.84. The company’s fifty day moving average is C$0.58 and its two-hundred day moving average is C$0.58.

Calibre Mining Company Profile

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Calibre Mining Corp., an exploration stage company, engages in the acquisition, exploration, and development of precious and base metals assets and mineral properties in Nicaragua. The company explores for gold, silver, and copper deposits. It holds a 100% interest in the Borosi project consisting of various contiguous mining and exploration concessions located in the North Atlantic Autonomous Region of Nicaragua, Central America; and a 100% interest in mineral concessions covering an area of 413 square kilometers in the mining triangle of northeast Nicaragua, including the Santa Maria project, Primavera gold-copper project, and Monte Carmelo gold project.

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