Analysts Issue Forecasts for Calibre Mining FY2024 Earnings

Calibre Mining Corp. (TSE:CXB - Free Report) - Stock analysts at Cormark dropped their FY2024 EPS estimates for Calibre Mining in a research note issued on Thursday, January 30th. Cormark analyst N. Dion now forecasts that the company will post earnings of $0.10 per share for the year, down from their prior estimate of $0.12. The consensus estimate for Calibre Mining's current full-year earnings is $0.39 per share.

A number of other research analysts also recently issued reports on the stock. Stifel Nicolaus dropped their price target on shares of Calibre Mining from C$5.00 to C$4.40 in a research report on Monday, October 21st. TD Securities cut their target price on Calibre Mining from C$3.50 to C$3.25 in a research report on Wednesday, November 6th. Ventum Financial set a C$3.30 price objective on shares of Calibre Mining and gave the stock a "buy" rating in a research report on Thursday, January 30th. Ventum Cap Mkts raised Calibre Mining to a "strong-buy" rating in a research report on Friday, January 17th. Finally, National Bankshares cut their price target on Calibre Mining from C$3.60 to C$3.40 and set an "outperform" rating on the stock in a report on Thursday, January 9th. Six research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of C$3.40.

Calibre Mining Price Performance

Shares of TSE CXB traded up C$0.02 during mid-day trading on Monday, hitting C$2.86. 2,295,178 shares of the stock traded hands, compared to its average volume of 1,945,369. The firm has a 50 day simple moving average of C$2.37 and a two-hundred day simple moving average of C$2.37. The company has a debt-to-equity ratio of 39.77, a current ratio of 2.33 and a quick ratio of 0.97. The company has a market cap of C$2.26 billion, a PE ratio of 20.43 and a beta of 2.08. Calibre Mining has a twelve month low of C$1.33 and a twelve month high of C$2.90.

Calibre Mining Company Profile

Calibre Mining Corp., together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Nicaragua, the United States, and Canada. It primarily explores gold, silver, and copper deposits. The company was formerly known as TLC Ventures Corp. and changed its name to Calibre Mining Corp.