Calibre Mining (TSE:CXB – Free Report) had its target price raised by Canaccord Genuity Group from C$3.00 to C$3.75 in a research note published on Tuesday morning, BayStreet.CA reports.
CXB has been the topic of a number of other reports. BMO Capital Markets set a C$2.00 target price on shares of Calibre Mining and gave the company an outperform rating in a research report on Wednesday, April 17th. Jefferies Financial Group increased 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 research report on Monday. National Bankshares cut their price target on shares of Calibre Mining from C$2.50 to C$2.40 in a research report on Friday, April 19th. Raymond James increased their price target on shares of Calibre Mining from C$2.25 to C$2.50 in a research report on Tuesday. Finally, Stifel Nicolaus increased their price target on shares of Calibre Mining from C$2.25 to C$2.50 in a research report on Friday, April 19th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of Moderate Buy and a consensus target price of C$2.49.
Read Our Latest Stock Analysis on Calibre Mining
Calibre Mining Stock Performance
Calibre Mining (TSE:CXB – Get Free Report) last released its earnings results on Tuesday, February 20th. The company reported C$0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.05 by C$0.02. Calibre Mining had a net margin of 15.14% and a return on equity of 16.87%. The company had revenue of C$206.40 million for the quarter. Equities analysts anticipate that Calibre Mining will post 0.2030769 earnings per share for the current year.
About Calibre Mining
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.
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