Stifel Nicolaus Raises Calibre Mining (CVE:CXB) Price Target to C$2.50

Calibre Mining (CVE:CXB) had its price objective upped by Stifel Nicolaus from C$2.25 to C$2.50 in a research report sent to investors on Friday, BayStreet.CA reports.

CXB has been the subject of several other reports. Raymond James upped their price target on shares of Calibre Mining from C$2.00 to C$2.25 in a research report on Wednesday, March 20th. National Bankshares set a C$2.00 price target on shares of Calibre Mining and gave the company a sector perform rating in a research report on Thursday, February 29th. BMO Capital Markets set a C$2.00 price target on shares of Calibre Mining and gave the company an outperform rating in a research report on Wednesday, April 17th. Jefferies Financial Group set a C$2.00 price target on shares of Calibre Mining and gave the company a buy rating in a research report on Thursday, February 29th. Finally, TD Securities upped their price target on shares of Calibre Mining from C$2.25 to C$2.50 and gave the company a buy rating in a research report on Monday, January 29th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Calibre Mining presently has a consensus rating of Moderate Buy and an average target price of C$2.24.

Calibre Mining Stock Down 4.9 %

CXB opened at C$0.58 on Friday. The stock has a market cap of C$26.00 million and a PE ratio of -11.84. The company has a quick ratio of 6.94, a current ratio of 7.18 and a debt-to-equity ratio of 1.08. Calibre Mining has a 52 week low of C$0.30 and a 52 week high of C$0.75. The business’s fifty day simple moving average is C$0.58 and its 200 day simple moving average is C$0.58.

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.