Calibre Mining (CVE:CXB) PT Lowered to C$2.00 at Raymond James

Calibre Mining (CVE:CXB) had its price objective trimmed by Raymond James from C$2.25 to C$2.00 in a research report released on Wednesday morning, BayStreet.CA reports.

Separately, Pi Financial dropped their price target on shares of Calibre Mining from C$2.20 to C$2.00 and set a buy rating for the company in a research report on Thursday, October 26th.

Calibre Mining Stock Performance

Shares of CXB stock opened at C$0.58 on Wednesday. Calibre Mining has a one year low of C$0.30 and a one year high of C$0.75. The company has a debt-to-equity ratio of 1.08, a quick ratio of 6.94 and a current ratio of 7.18. The company has a 50 day moving average price of C$0.58 and a 200 day moving average price of C$0.58. The firm has a market capitalization of C$26.00 million and a price-to-earnings ratio of -11.84.

Calibre Mining Company Profile

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.