Calibre Mining Corp. (TSE:CXB) Given Consensus Rating of “Buy” by Analysts

Shares of Calibre Mining Corp. (TSE:CXB) have been assigned a consensus rating of “Buy” from the six ratings firms that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$3.57.

CXB has been the subject of several analyst reports. Jefferies Financial Group raised their price target on Calibre Mining from C$3.00 to C$3.50 in a report on Friday, April 4th. Ventum Financial set a C$3.30 target price on shares of Calibre Mining and gave the stock a “buy” rating in a research note on Thursday, January 30th. National Bankshares boosted their price objective on shares of Calibre Mining from C$3.40 to C$4.00 and gave the stock an “outperform” rating in a report on Tuesday, February 11th. Ventum Cap Mkts upgraded Calibre Mining to a “strong-buy” rating in a research note on Friday, January 17th. Finally, Raymond James boosted their price target on Calibre Mining from C$3.25 to C$4.00 in a research note on Friday, April 4th.

Calibre Mining Stock Down 5.9 %

CXB stock opened at C$3.04 on Friday. The business has a 50 day moving average of C$3.05 and a 200 day moving average of C$2.67. The firm has a market cap of C$1.83 billion, a PE ratio of 56.85 and a beta of 2.08. Calibre Mining has a twelve month low of C$1.73 and a twelve month high of C$3.36. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 38.70.

About Calibre Mining

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.