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

Filo Mining (CVE:FIL) received a C$34.00 target price from equities research analysts at Jefferies Financial Group in a report released on Friday, BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s target price points to a potential upside of 279.04% from the company’s previous close.

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

Filo Mining Trading Down 0.1 %

CVE:FIL traded down C$0.01 during trading hours on Friday, reaching C$8.97. The company’s stock had a trading volume of 191,345 shares, compared to its average volume of 222,999. The firm has a 50-day simple moving average of C$8.97 and a 200-day simple moving average of C$8.97. The company has a debt-to-equity ratio of 0.01, a quick ratio of 9.80 and a current ratio of 9.86. Filo Mining has a 1 year low of C$1.60 and a 1 year high of C$11.97. The firm has a market capitalization of C$1.02 billion and a price-to-earnings ratio of -46.72.

Filo Mining (CVE:FIL) last released its quarterly 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). Research analysts expect that Filo Mining will post -3.2399998 EPS for the current fiscal 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.