Jefferies Financial Group Reiterates “C$34.00” Price Target for Filo Mining (CVE:FIL)

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

FIL has been the subject of a number of other reports. Canaccord Genuity Group boosted their price target on Filo Mining from C$29.00 to C$30.00 and gave the company a speculative buy rating in a report on Wednesday, April 17th. Royal Bank of Canada raised their target price on Filo Mining from C$27.00 to C$30.00 and gave the company an outperform rating in a research note on Monday, January 22nd. Finally, National Bankshares set a C$35.00 price target on shares of Filo Mining and gave the company an outperform rating in a report on Monday, January 8th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, Filo Mining presently has an average rating of Buy and a consensus price target of C$32.42.

Filo Mining Trading Down 0.1 %

Shares of CVE:FIL opened at C$8.97 on Friday. The company has a market capitalization of C$1.02 billion and a PE ratio of -46.72. The business has a 50 day moving average of C$8.97 and a two-hundred 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 has a 12-month low of C$1.60 and a 12-month high of C$11.97.

Filo Mining (CVE:FIL) last released its earnings results on Wednesday, March 20th. The company reported C($0.25) earnings per share for the quarter, missing the consensus estimate of C($0.21) by C($0.04). As a group, analysts forecast that Filo Mining will post -3.2399998 EPS 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.