Filo Mining (CVE:FIL) Sets New 12-Month High at $3.01

Filo Mining Corp (CVE:FIL)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as C$3.01 and last traded at C$2.91, with a volume of 775 shares changing hands. The stock had previously closed at C$2.92.

Separately, National Bank Financial raised their price objective on Filo Mining from C$4.75 to C$5.00 and gave the company an “outperform” rating in a research report on Friday, June 28th.

The stock has a fifty day moving average price of C$2.79. The firm has a market cap of $215.16 million and a P/E ratio of -8.06. The company has a quick ratio of 0.31, a current ratio of 0.38 and a debt-to-equity ratio of 33.80.

Filo Mining (CVE:FIL) last released its quarterly earnings data on Wednesday, May 8th. The company reported C($0.17) EPS for the quarter. As a group, analysts forecast that Filo Mining Corp will post -0.16 EPS for the current fiscal year.

Filo Mining Company Profile (CVE:FIL)

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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