Calibre Mining (TSE:CXB) Given a C$3.30 Price Target by Ventum Financial Analysts

Ventum Financial set a C$3.30 target price on Calibre Mining (TSE:CXB) in a research note released on Monday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Several other research firms have also recently weighed in on CXB. National Bank Financial upgraded shares of Calibre Mining from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 9th. TD Securities dropped their price objective on Calibre Mining from C$3.50 to C$3.25 in a research note on Wednesday, November 6th. Jefferies Financial Group raised their price target on Calibre Mining from C$2.75 to C$3.50 in a research note on Friday, October 4th. Stifel Nicolaus lowered their price objective on Calibre Mining from C$5.00 to C$4.40 in a research report on Monday, October 21st. Finally, National Bankshares lowered their price objective on Calibre Mining from C$3.60 to C$3.40 and set an “outperform” rating for the company in a research report on Thursday, January 9th. Six investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Calibre Mining presently has an average rating of “Buy” and an average price target of C$3.40.

Calibre Mining Trading Up 0.8 %

Shares of CXB opened at C$2.44 on Monday. The company has a quick ratio of 0.97, a current ratio of 2.33 and a debt-to-equity ratio of 39.77. The business’s 50-day moving average price is C$2.30 and its 200-day moving average price is C$2.34. The stock has a market cap of C$1.93 billion, a PE ratio of 17.43 and a beta of 2.08. Calibre Mining has a twelve month low of C$1.20 and a twelve month high of C$2.90.

Calibre Mining Company Profile

Calibre Mining Corp., together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Nicaragua, the United States, and Canada. It primarily explores gold, silver, and copper deposits. The company was formerly known as TLC Ventures Corp. and changed its name to Calibre Mining Corp.