Filo Mining (CVE:FIL) PT Raised to C$30.00

Filo Mining (CVE:FIL) had its price target upped by Canaccord Genuity Group from C$29.00 to C$30.00 in a research report released on Wednesday, BayStreet.CA reports. They currently have a speculative buy rating on the stock.

Other analysts have also issued research reports about the stock. National Bankshares set a C$35.00 target price on shares of Filo Mining and gave the stock an outperform rating in a research note on Monday, January 8th. Royal Bank of Canada upped their target price on shares of Filo Mining from C$27.00 to C$30.00 and gave the stock an outperform rating in a research note on Monday, January 22nd.

Filo Mining Stock Performance

Shares of FIL stock opened at C$8.97 on Wednesday. The firm has a market capitalization of C$1.02 billion and a PE ratio of -46.72. The firm has a fifty day simple moving average of C$8.97 and a two-hundred day simple moving average of C$8.97. The company has a current ratio of 9.86, a quick ratio of 9.80 and a debt-to-equity ratio of 0.01. Filo Mining has a 12 month low of C$1.60 and a 12 month high of C$11.97.

Filo Mining (CVE:FIL) last announced its quarterly earnings results on Wednesday, March 20th. The company reported C($0.25) EPS for the quarter, missing analysts’ consensus estimates of C($0.21) by C($0.04). Analysts forecast that Filo Mining will post -3.2399998 EPS for the current fiscal year.

Filo Mining Company Profile

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.