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.
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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