Calibre Mining Corp. (TSE:CXB) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Calibre Mining Corp. (TSE:CXBGet Free Report) have earned an average recommendation of “Buy” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$3.63.

CXB has been the topic of a number of recent analyst reports. Raymond James upped their target price on shares of Calibre Mining from C$3.25 to C$4.00 in a research note on Friday, April 4th. Stifel Nicolaus upped their target price on shares of Calibre Mining from C$4.00 to C$4.50 in a research note on Monday, April 21st. Finally, Jefferies Financial Group boosted their price objective on shares of Calibre Mining from C$3.00 to C$3.50 in a research report on Friday, April 4th.

View Our Latest Stock Report on CXB

Calibre Mining Stock Performance

Shares of Calibre Mining stock opened at C$3.04 on Monday. The firm has a market cap of C$1.83 billion, a PE ratio of 56.85 and a beta of 2.08. The firm’s 50-day simple moving average is C$3.14 and its 200-day simple moving average is C$2.83. The company has a debt-to-equity ratio of 38.70, a quick ratio of 0.97 and a current ratio of 2.06. Calibre Mining has a 1 year low of C$1.73 and a 1 year high of C$3.53.

Calibre Mining Company Profile

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Calibre Mining Corp is a multi-asset gold producer with a portfolio of exploration and development opportunities in Nicaragua. Its project includes Pavon Gold Project, Borosi Gold Project, IamGold and Santa Rita. The company has only one revenue stream, being the sale of refined gold from its operations in Nicaragua.

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Analyst Recommendations for Calibre Mining (TSE:CXB)

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