BMO Capital Markets set a C$2.00 price objective on Calibre Mining (CVE:CXB – Free Report) in a research note released on Wednesday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.
A number of other research analysts also recently commented on the company. National Bankshares set a C$2.00 target price on Calibre Mining and gave the company a sector perform rating in a research report on Thursday, February 29th. Jefferies Financial Group set a C$2.00 target price on Calibre Mining and gave the company a buy rating in a research report on Thursday, February 29th. Stifel Nicolaus set a C$2.25 target price on Calibre Mining and gave the company a buy rating in a research report on Tuesday, March 19th. TD Securities increased their target price on Calibre Mining from C$2.25 to C$2.50 and gave the company a buy rating in a research report on Monday, January 29th. Finally, Raymond James increased their target price on Calibre Mining from C$2.00 to C$2.25 in a research report on Wednesday, March 20th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of Moderate Buy and a consensus price target of C$2.14.
Read Our Latest Research Report on Calibre Mining
Calibre Mining Trading Down 4.9 %
Insider Activity at Calibre Mining
In related news, Director Darren John Hall purchased 25,000 shares of the firm’s stock in a transaction that occurred on Friday, January 19th. The shares were bought at an average price of C$1.22 per share, for a total transaction of C$30,450.00. In the last 90 days, insiders have purchased 29,000 shares of company stock worth $37,090.
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.
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