Tue Oct 01 05:16:58 UTC 2024: ## Filo Mining Corp. (CVE:FIL) Receives “Moderate Buy” Recommendation from Analysts

**Toronto, Canada – October 1st, 2024** – Filo Mining Corp. (CVE:FIL) has received a consensus recommendation of “Moderate Buy” from eight research firms currently covering the company, according to MarketBeat.

Four analysts have rated the stock as a “Hold”, while four others have given it a “Buy” rating. The average 1-year target price among brokers who have issued reports on the stock in the past year is C$32.75.

Recent analyst reports have seen mixed opinions on FIL. Canaccord Genuity Group lowered their target price from C$33.00 to C$32.00 in July, while CIBC reduced theirs from C$40.00 to C$33.00 in August. National Bankshares, however, raised their target price from C$36.00 to C$38.00 and gave the stock an “Outperform” rating in June.

Filo Mining announced its quarterly earnings on August 9th, reporting C($0.19) earnings per share (EPS), exceeding analysts’ estimates of C($0.26) by C$0.07. Analysts predict that the company will post -3.2399998 EPS for the current year.

Filo Mining is engaged in the acquisition, exploration, and development of mineral properties in Chile and Argentina. The company’s flagship project 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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