Filo Mining Corp. (FIL.V) (CVE:FIL) was upgraded by investment analysts at National Bank Financial from a “sector perform overweight” rating to an “outperform overweight” rating in a research note issued on Tuesday, AR Network reports. The brokerage currently has a C$3.50 price objective on the stock.
Shares of CVE FIL opened at C$0.02 on Tuesday. Filo Mining Corp. has a 1 year low of C$0.02 and a 1 year high of C$2.25. The firm has a market capitalization of C$2.20 million and a PE ratio of -0.08. The company has a current ratio of 19.10, a quick ratio of 19.00 and a debt-to-equity ratio of 0.04. The firm’s 50-day moving average is C$1.94 and its 200-day moving average is C$1.87.
Filo Mining Corp. (FIL.V) (CVE:FIL) last announced its quarterly earnings data on Thursday, November 12th. The company reported C($0.02) EPS for the quarter. As a group, equities research analysts anticipate that Filo Mining Corp. will post -0.11 earnings per share for the current fiscal year.
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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