Filo Mining (CVE:FIL) Price Target Raised to C$4.00 at BMO Capital Markets


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Filo Mining (CVE:FIL) had its price target hoisted by BMO Capital Markets from C$3.25 to C$4.00 in a research note published on Tuesday, BayStreet.CA reports.

A number of other equities analysts have also recently issued reports on FIL. Haywood Securities boosted their price objective on Filo Mining from C$4.60 to C$6.50 in a report on Wednesday, March 3rd. National Bank Financial upgraded Filo Mining from a sector perform rating to an outperform rating and set a C$3.50 price objective for the company in a report on Monday, January 18th. Pi Financial reiterated a buy rating and issued a C$5.75 target price on shares of Filo Mining in a report on Wednesday, March 31st. Finally, Canaccord Genuity upped their target price on Filo Mining from C$2.50 to C$5.00 in a report on Monday.

FIL opened at C$3.40 on Tuesday. The business has a fifty day moving average of C$2.80 and a 200 day moving average of C$2.09. Filo Mining has a 52-week low of C$1.23 and a 52-week high of C$3.75. The company has a quick ratio of 8.96, a current ratio of 9.03 and a debt-to-equity ratio of 0.03. The stock has a market cap of C$376.62 million and a P/E ratio of -17.62.

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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