Filo Mining (CVE:FIL) Price Target Increased to C$38.00 by Analysts at National Bankshares

Filo Mining (CVE:FILFree Report) had its target price raised by National Bankshares from C$36.00 to C$38.00 in a research report released on Monday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other equities research analysts have also recently weighed in on the stock. Jefferies Financial Group set a C$34.00 price objective on shares of Filo Mining and gave the stock a buy rating in a research report on Friday, May 3rd. Canaccord Genuity Group increased their price target on Filo Mining from C$29.00 to C$30.00 and gave the stock a speculative buy rating in a report on Wednesday, April 17th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of Buy and a consensus target price of C$32.92.

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Filo Mining Stock Performance

CVE FIL opened at C$8.97 on Monday. Filo Mining has a 12-month low of C$1.60 and a 12-month high of C$11.97. The firm has a 50-day moving average price of C$8.97 and a two-hundred day moving average price of C$8.97. The company has a market capitalization of C$1.02 billion and a P/E ratio of -46.72. The company has a quick ratio of 9.80, a current ratio of 9.86 and a debt-to-equity ratio of 0.01.

Filo Mining (CVE:FILGet Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The company reported C($0.34) EPS for the quarter, missing the consensus estimate of C($0.22) by C($0.12). Analysts anticipate that Filo Mining will post -3.2399998 earnings per share for the current year.

About Filo Mining

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Filo Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Chile and Argentina. Its flagship property is the Filo del Sol project, a copper, gold, and silver project located along the border of Region III, Chile and San Juan Province, Argentina.

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