Calibre Mining (CVE:CXB) PT Set at C$2.00 by National Bankshares

Calibre Mining (CVE:CXBGet Free Report) has been assigned a C$2.00 price objective by equities researchers at National Bankshares in a research note issued on Thursday, BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bankshares’ target price points to a potential upside of 244.83% from the stock’s previous close.

A number of other analysts also recently issued reports on CXB. TD Securities lifted their price objective on shares of Calibre Mining from C$2.25 to C$2.50 and gave the company a “buy” rating in a report on Monday, January 29th. Raymond James lowered their price objective on shares of Calibre Mining from C$2.25 to C$2.00 in a report on Wednesday, November 15th.

View Our Latest Analysis on CXB

Calibre Mining Stock Down 4.9 %

Shares of CVE CXB traded down C$0.03 during midday trading on Thursday, reaching C$0.58. The company’s stock had a trading volume of 22,000 shares, compared to its average volume of 32,942. The company has a current ratio of 7.18, a quick ratio of 6.94 and a debt-to-equity ratio of 1.08. Calibre Mining has a fifty-two week low of C$0.30 and a fifty-two week high of C$0.75. The stock has a market capitalization of C$26.00 million and a price-to-earnings ratio of -11.84. The stock has a 50 day simple moving average of C$0.58 and a 200-day simple moving average of C$0.58.

Insider Buying and Selling

In other Calibre Mining news, Director Darren John Hall bought 25,000 shares of the firm’s stock in a transaction that occurred on Friday, January 19th. The shares were acquired at an average cost of C$1.22 per share, with a total value of C$30,450.00. In the last three months, insiders have acquired 33,500 shares of company stock valued at $39,564.

About Calibre Mining

(Get Free Report)

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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