Filo Mining (CVE:FIL) Price Target Cut to C$4.25 by Analysts at National Bank Financial

Filo Mining (CVE:FIL) had its target price reduced by National Bank Financial from C$4.75 to C$4.25 in a report issued on Monday morning, BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.

Shares of FIL stock traded down C$0.10 during trading hours on Monday, hitting C$2.20. 3,254 shares of the company’s stock were exchanged, compared to its average volume of 29,050. The company has a market capitalization of $179.74 million and a PE ratio of -6.11. Filo Mining has a 12-month low of C$2.01 and a 12-month high of C$3.25. The business’s 50 day simple moving average is C$2.41 and its 200-day simple moving average is C$2.67. The company has a current ratio of 10.04, a quick ratio of 10.04 and a debt-to-equity ratio of 0.37.

Filo Mining (CVE:FIL) last posted its quarterly earnings results on Thursday, November 7th. The company reported C($0.04) EPS for the quarter. Equities analysts anticipate that Filo Mining will post -0.19 EPS for the current 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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