Calibre Mining (TSE:CXB – Get Free Report) had its price target raised by equities research analysts at Canaccord Genuity Group from C$3.00 to C$3.75 in a research note issued to investors on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s price objective would suggest a potential upside of 104.92% from the stock’s current price.
A number of other equities research analysts have also recently weighed in on the company. BMO Capital Markets set a C$2.00 price target on Calibre Mining and gave the company an “outperform” rating in a report on Wednesday, April 17th. Raymond James raised their target price on Calibre Mining from C$2.25 to C$2.50 in a research note on Tuesday. National Bankshares cut their price target on Calibre Mining from C$2.50 to C$2.40 in a report on Friday, April 19th. TD Securities increased their price objective on shares of Calibre Mining from C$2.25 to C$2.50 and gave the stock a “buy” rating in a report on Monday, January 29th. Finally, Jefferies Financial Group boosted their target price on shares of Calibre Mining from C$2.00 to C$2.25 and gave the stock a “buy” rating in a research note on Monday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$2.49.
Check Out Our Latest Stock Analysis on Calibre Mining
Calibre Mining Stock Down 1.6 %
Calibre Mining (TSE:CXB – Get Free Report) last released its quarterly earnings results on Tuesday, February 20th. The company reported C$0.07 EPS for the quarter, beating analysts’ consensus estimates of C$0.05 by C$0.02. The firm had revenue of C$206.40 million for the quarter. Calibre Mining had a net margin of 15.14% and a return on equity of 16.87%. Equities research analysts predict that Calibre Mining will post 0.2030769 earnings per share for the current fiscal 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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