Calibre Mining (CVE:CXB) Price Target Increased to C$2.25 by Analysts at Jefferies Financial Group

Calibre Mining (CVE:CXB) had its price target raised by Jefferies Financial Group from C$2.00 to C$2.25 in a research note released on Monday, BayStreet.CA reports. They currently have a buy rating on the stock.

Several other research analysts also recently weighed in on CXB. TD Securities boosted their price target on Calibre Mining from C$2.25 to C$2.50 and gave the company a buy rating in a report on Monday, January 29th. Stifel Nicolaus boosted their price target on Calibre Mining from C$2.25 to C$2.50 in a report on Friday. Raymond James boosted their price target on Calibre Mining from C$2.00 to C$2.25 in a report on Wednesday, March 20th. National Bankshares dropped their price objective on Calibre Mining from C$2.50 to C$2.40 in a report on Friday. Finally, BMO Capital Markets set a C$2.00 price objective on Calibre Mining and gave the stock an outperform rating in a report on Wednesday, April 17th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Calibre Mining has a consensus rating of Moderate Buy and an average target price of C$2.27.

Calibre Mining Trading Down 4.9 %

Shares of CXB opened at C$0.58 on Monday. The stock has a fifty day moving average of C$0.58 and a two-hundred day moving average of C$0.58. The company has a debt-to-equity ratio of 1.08, a quick ratio of 6.94 and a current ratio of 7.18. The company has a market capitalization of C$26.00 million and a PE ratio of -11.84. Calibre Mining has a fifty-two week low of C$0.30 and a fifty-two week high of C$0.75.

Calibre Mining Company Profile

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.