National Bank Financial Raises Filo Mining (CVE:FIL) Price Target to C$5.00

Filo Mining (CVE:FIL) had its target price lifted by National Bank Financial from C$4.75 to C$5.00 in a research note issued to investors on Friday, June 28th, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Shares of CVE FIL remained flat at $C$2.80 during mid-day trading on Friday. 108,800 shares of the stock traded hands, compared to its average volume of 29,213. The firm’s 50-day simple moving average is C$2.77. The company has a quick ratio of 0.31, a current ratio of 0.38 and a debt-to-equity ratio of 33.80. The company has a market cap of $204.22 million and a P/E ratio of -7.65. Filo Mining has a 52-week low of C$2.00 and a 52-week high of C$3.01.

Filo Mining (CVE:FIL) last issued its quarterly earnings results on Wednesday, May 8th. The company reported C($0.17) EPS for the quarter. Research analysts anticipate that Filo Mining will post -0.16 earnings per share for the current fiscal year.

About Filo Mining

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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