Shares of Calibre Mining Corp (CVE:CXB – Get Free Report) have earned a consensus rating of “Moderate Buy” from the five ratings firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$2.17.
CXB has been the subject of several recent analyst reports. TD Securities raised their price objective on shares of Calibre Mining from C$2.25 to C$2.50 and gave the stock a “buy” rating in a report on Monday, January 29th. BMO Capital Markets set a C$2.00 price objective on Calibre Mining and gave the company an “outperform” rating in a research report on Wednesday. National Bankshares set a C$2.00 target price on Calibre Mining and gave the stock a “sector perform” rating in a report on Thursday, February 29th. Jefferies Financial Group set a C$2.00 price target on Calibre Mining and gave the company a “buy” rating in a report on Thursday, February 29th. Finally, Raymond James increased their price objective on shares of Calibre Mining from C$2.00 to C$2.25 in a report on Wednesday, March 20th.
Get Our Latest Analysis on Calibre Mining
Insider Activity at Calibre Mining
Calibre Mining Price Performance
CXB traded down C$0.03 during midday trading on Wednesday, reaching C$0.58. 22,000 shares of the company’s stock were exchanged, compared to its average volume of 32,942. Calibre Mining has a one year low of C$0.30 and a one year high of C$0.75. The firm has a market capitalization of C$26.00 million and a price-to-earnings ratio of -11.84. The business has a 50-day simple moving average of C$0.58 and a two-hundred day simple moving average of C$0.58. The company has a quick ratio of 6.94, a current ratio of 7.18 and a debt-to-equity ratio of 1.08.
About Calibre Mining
Calibre Mining Corp., an exploration stage company, engages in the acquisition, exploration, and development of precious and base metals assets and mineral properties in Nicaragua. The company explores for gold, silver, and copper deposits. It holds a 100% interest in the Borosi project consisting of various contiguous mining and exploration concessions located in the North Atlantic Autonomous Region of Nicaragua, Central America; and a 100% interest in mineral concessions covering an area of 413 square kilometers in the mining triangle of northeast Nicaragua, including the Santa Maria project, Primavera gold-copper project, and Monte Carmelo gold project.
Featured Stories
- Five stocks we like better than Calibre Mining
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- United Airlines Soars on Earnings Beat
- How to Read Stock Charts for Beginners
- J.B. Hunt Hits the Skids: Lower Prices to Come
- 3 REITs to Buy and Hold for the Long Term
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Receive News & Ratings for Calibre Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calibre Mining and related companies with MarketBeat.com's FREE daily email newsletter.