Calibre Mining (CVE:CXB – Get Free Report) has been assigned a C$2.00 target price by research analysts at BMO Capital Markets in a research note issued on Wednesday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price target would indicate a potential upside of 244.83% from the stock’s previous close.
A number of other analysts have also recently commented on CXB. Jefferies Financial Group set a C$2.00 price target on Calibre Mining and gave the company a “buy” rating in a research note on Thursday, February 29th. Stifel Nicolaus set a C$2.25 price target on Calibre Mining and gave the stock a “buy” rating in a research report on Tuesday, March 19th. National Bankshares set a C$2.00 price objective on Calibre Mining and gave the company a “sector perform” rating in a report on Thursday, February 29th. Raymond James raised their price target on Calibre Mining from C$2.00 to C$2.25 in a report on Wednesday, March 20th. Finally, TD Securities raised their price target on Calibre Mining from C$2.25 to C$2.50 and gave the company a “buy” rating in a report on Monday, January 29th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Calibre Mining presently has a consensus rating of “Moderate Buy” and a consensus target price of C$2.14.
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Calibre Mining Stock Performance
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.
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