Calibre Mining (OTCMKTS:CXBMF) Price Target Cut to C$2.25

Calibre Mining (OTCMKTS:CXBMF) had its target price lowered by TD Securities from C$2.75 to C$2.25 in a report issued on Thursday, The Fly reports.

Several other equities research analysts have also weighed in on CXBMF. Scotiabank decreased their price objective on Calibre Mining from C$2.75 to C$2.50 in a report on Tuesday. Raymond James decreased their price objective on Calibre Mining from C$2.50 to C$2.25 in a report on Friday, January 7th.

Shares of Calibre Mining stock opened at $1.10 on Thursday. Calibre Mining has a 1 year low of $0.79 and a 1 year high of $2.02. The stock has a fifty day moving average price of $1.09 and a 200-day moving average price of $1.18.

About Calibre Mining

Calibre Mining Corp. is a gold mining and exploration company, which engages in the acquisition, exploration, and development of natural resource properties in Nicaragua. It is involved in the operation of Limon, Libertad gold mines, and Pavon Gold Project. The company was founded by Blayne B. Johnson on January 15, 1969 and is headquartered in Vancouver, Canada.

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