Calibre Mining (TSE:CXB – Get Free Report) had its target price raised by analysts at Jefferies Financial Group from C$2.00 to C$2.25 in a research note issued to investors on Monday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s target price indicates a potential upside of 20.97% from the company’s current price.
Several other research analysts have also issued reports on the company. Stifel Nicolaus raised their price target on Calibre Mining from C$2.25 to C$2.50 in a research report on Friday, April 19th. Raymond James raised their price objective on Calibre Mining from C$2.00 to C$2.25 in a research note on Wednesday, March 20th. National Bankshares dropped their price objective on Calibre Mining from C$2.50 to C$2.40 in a research note on Friday, April 19th. TD Securities raised their price objective on Calibre Mining from C$2.25 to C$2.50 and gave the stock a “buy” rating in a research note on Monday, January 29th. Finally, BMO Capital Markets set a C$2.00 price objective on Calibre Mining and gave the stock an “outperform” rating in a research note on Wednesday, April 17th. 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, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$2.49.
Check Out Our Latest Research Report on Calibre Mining
Calibre Mining Stock Up 2.2 %
Calibre Mining (TSE:CXB – Get Free Report) last posted its quarterly earnings results on Tuesday, February 20th. The company reported C$0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.05 by C$0.02. Calibre Mining had a return on equity of 16.87% and a net margin of 15.14%. The business had revenue of C$206.40 million for the quarter. On average, analysts predict that Calibre Mining will post 0.2030769 earnings per share for the current year.
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.
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