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

Calibre Mining (OTCMKTS:CXBMF) had its target price dropped by investment analysts at TD Securities from C$2.75 to C$2.25 in a research note issued on Thursday, The Fly reports.

Several other research analysts also recently issued reports on CXBMF. Raymond James lowered their price objective on Calibre Mining from C$2.50 to C$2.25 in a research note on Friday, January 7th. Scotiabank lowered their price objective on Calibre Mining from C$2.75 to C$2.50 in a research note on Tuesday.

Shares of OTCMKTS CXBMF opened at $1.10 on Thursday. Calibre Mining has a 12 month low of $0.79 and a 12 month high of $2.02. The stock has a 50-day moving average price of $1.09 and a two-hundred 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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