Calibre Mining Corp. (TSE:CXB) Receives Average Rating of “Buy” from Analysts

Calibre Mining Corp. (TSE:CXB) has been given an average rating of “Buy” by the six brokerages that are currently covering the firm, MarketBeat reports. Four analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is C$3.63.

Several equities analysts recently weighed in on CXB shares. Jefferies Financial Group lifted their target price on shares of Calibre Mining from C$3.00 to C$3.50 in a report on Friday, April 4th. Raymond James lifted their target price on shares of Calibre Mining from C$3.25 to C$4.00 in a report on Friday, April 4th. Finally, Stifel Nicolaus lifted their target price on shares of Calibre Mining from C$4.00 to C$4.50 in a report on Monday, April 21st.

Calibre Mining Stock Down 2.9%

Shares of TSE CXB opened at C$3.04 on Monday. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 38.70. The stock has a market capitalization of C$1.83 billion, a PE ratio of 56.85 and a beta of 2.08. The firm has a fifty day moving average of C$3.14 and a 200-day moving average of C$2.83. Calibre Mining has a 52-week low of C$1.73 and a 52-week high of C$3.53.

About Calibre Mining

Calibre Mining Corp is a multi-asset gold producer with a portfolio of exploration and development opportunities in Nicaragua. Its project includes Pavon Gold Project, Borosi Gold Project, IamGold and Santa Rita. The company has only one revenue stream, being the sale of refined gold from its operations in Nicaragua.