Filo Mining (CVE:FIL) had its price target lowered by National Bank Financial from C$5.00 to C$4.75 in a report issued on Thursday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.
Shares of FIL remained flat at $C$2.60 during mid-day trading on Thursday. 13,200 shares of the stock traded hands, compared to its average volume of 33,111. The firm’s fifty day simple moving average is C$2.78 and its two-hundred day simple moving average is C$2.68. Filo Mining has a 52 week low of C$2.00 and a 52 week high of C$3.25. The firm has a market capitalization of $228.57 million and a PE ratio of -6.88. The company has a current ratio of 0.26, a quick ratio of 0.22 and a debt-to-equity ratio of 33.80.
Filo Mining (CVE:FIL) last announced its quarterly earnings results on Tuesday, August 6th. The company reported C($0.07) EPS for the quarter. As a group, equities research analysts forecast that Filo Mining will post -0.16 EPS for the current year.
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.
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