Filo Mining (CVE:FIL) PT Lowered to C$32.00 at Canaccord Genuity Group

Filo Mining (CVE:FIL) had its price target lowered by Canaccord Genuity Group from C$33.00 to C$32.00 in a report published on Monday, BayStreet.CA reports.

Several other equities analysts have also recently issued reports on the stock. Jefferies Financial Group upped their price target on shares of Filo Mining from C$34.00 to C$36.00 in a research report on Friday, July 12th. National Bankshares increased their price objective on Filo Mining from C$36.00 to C$38.00 and gave the company an outperform rating in a report on Monday, June 10th. CIBC lifted their target price on Filo Mining from C$38.50 to C$40.00 and gave the stock an outperform rating in a report on Thursday, June 20th. Finally, Scotiabank increased their price target on Filo Mining from C$29.00 to C$33.50 in a research note on Monday, July 15th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Filo Mining presently has a consensus rating of Buy and an average target price of C$33.79.

Filo Mining Trading Down 0.1 %

Shares of FIL stock opened at C$8.97 on Monday. The company has a quick ratio of 9.80, a current ratio of 9.86 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of C$1.02 billion and a P/E ratio of -46.72. Filo Mining has a twelve month low of C$1.60 and a twelve month high of C$11.97. The stock’s fifty day simple moving average is C$8.97 and its 200 day simple moving average is C$8.97.

Filo Mining (CVE:FIL) last released its quarterly earnings results on Wednesday, May 8th. The company reported C($0.34) earnings per share for the quarter, missing the consensus estimate of C($0.22) by C($0.12). As a group, sell-side analysts predict 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.