Jefferies Financial Group Analysts Give Filo Mining (CVE:FIL) a C$34.00 Price Target

Jefferies Financial Group set a C$34.00 price target on Filo Mining (CVE:FIL) in a report published on Friday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other brokerages have also commented on FIL. Royal Bank of Canada lifted their price objective on Filo Mining from C$27.00 to C$30.00 and gave the stock an outperform rating in a research report on Monday, January 22nd. Canaccord Genuity Group boosted their target price on Filo Mining from C$29.00 to C$30.00 and gave the stock a speculative buy rating in a research report on Wednesday, April 17th. Finally, National Bankshares set a C$35.00 target price on Filo Mining and gave the company an outperform rating in a research note on Monday, January 8th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Filo Mining currently has an average rating of Buy and a consensus price target of C$32.42.

Filo Mining Stock Down 0.1 %

FIL opened at C$8.97 on Friday. The stock has a market capitalization of C$1.02 billion and a price-to-earnings ratio of -46.72. Filo Mining has a 1-year low of C$1.60 and a 1-year high of C$11.97. The business has a 50 day moving average of C$8.97 and a 200-day moving average of C$8.97. The company has a current ratio of 9.86, a quick ratio of 9.80 and a debt-to-equity ratio of 0.01.

Filo Mining (CVE:FIL) last announced its earnings results on Wednesday, March 20th. The company reported C($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.21) by C($0.04). As a group, sell-side analysts anticipate that Filo Mining will post -3.2399998 earnings per share for the current year.

Filo Mining Company Profile

Filo Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Chile and Argentina. Its flagship property is the Filo del Sol project, a copper, gold, and silver project located along the border of Region III, Chile and San Juan Province, Argentina.