BMO Capital Markets set a C$2.00 price target on Calibre Mining (CVE:CXB – Free Report) in a report published on Wednesday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.
A number of other research firms have also recently commented on CXB. National Bankshares set a C$2.00 price objective on Calibre Mining and gave the company a sector perform rating in a research report on Thursday, February 29th. Jefferies Financial Group set a C$2.00 price objective on Calibre Mining and gave the company a buy rating in a research report on Thursday, February 29th. Stifel Nicolaus set a C$2.25 price objective on Calibre Mining and gave the company a buy rating in a research report on Tuesday, March 19th. TD Securities boosted their price objective on 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, Raymond James boosted their price objective on Calibre Mining from C$2.00 to C$2.25 in a research report on Wednesday, March 20th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of Moderate Buy and an average target price of C$2.14.
Read Our Latest Stock Report on CXB
Calibre Mining Stock Down 4.9 %
Insider Transactions at Calibre Mining
In other news, Director Darren John Hall purchased 25,000 shares of the stock in a transaction dated Friday, January 19th. The shares were purchased at an average cost of C$1.22 per share, with a total value of C$30,450.00. Insiders have bought 29,000 shares of company stock valued at $37,090 over the last ninety days.
About Calibre Mining
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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