Calibre Mining Corp. (TSE:CXB) Given Consensus Rating of “Moderate Buy” by Analysts

Calibre Mining Corp. (TSE:CXB) has received a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is C$2.49.

A number of research firms recently weighed in on CXB. Canaccord Genuity Group boosted their target price on Calibre Mining from C$3.00 to C$3.75 in a report on Tuesday, April 23rd. Stifel Nicolaus upped their price objective on shares of Calibre Mining from C$2.25 to C$2.50 in a report on Friday, April 19th. Jefferies Financial Group raised their target price on shares of Calibre Mining from C$2.00 to C$2.25 and gave the stock a “buy” rating in a research note on Monday, April 22nd. National Bankshares reduced their target price on shares of Calibre Mining from C$2.50 to C$2.40 in a report on Friday, April 19th. Finally, Raymond James increased their price target on shares of Calibre Mining from C$2.25 to C$2.50 in a report on Tuesday, April 23rd.

Calibre Mining Stock Performance

Shares of CXB stock opened at C$2.12 on Friday. The company has a fifty day moving average price of C$1.83 and a two-hundred day moving average price of C$1.52. Calibre Mining has a one year low of C$1.16 and a one year high of C$2.18. The stock has a market cap of C$1.67 billion, a P/E ratio of 8.48 and a beta of 2.07. The company has a debt-to-equity ratio of 3.72, a current ratio of 2.21 and a quick ratio of 0.97.

Calibre Mining (TSE:CXB) last issued 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. The company had revenue of C$206.40 million for the quarter. Calibre Mining had a net margin of 15.14% and a return on equity of 16.87%. As a group, equities analysts predict that Calibre Mining will post 0.219591 EPS 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.