Brokers Set Expectations for Calibre Mining FY2025 Earnings

Calibre Mining Corp. (TSE:CXB - Free Report) - Cormark lifted their FY2025 earnings estimates for Calibre Mining in a research note issued on Thursday, November 7th. Cormark analyst N. Dion now expects that the company will earn $0.29 per share for the year, up from their previous forecast of $0.25. The consensus estimate for Calibre Mining's current full-year earnings is $0.39 per share.

A number of other research firms also recently weighed in on CXB. Raymond James increased their target price on shares of Calibre Mining from C$2.50 to C$3.00 in a research report on Friday, September 6th. Jefferies Financial Group increased their target price on shares of Calibre Mining from C$2.75 to C$3.50 in a research report on Friday, October 4th. TD Securities reduced their price target on shares of Calibre Mining from C$3.50 to C$3.25 in a research report on Wednesday, November 6th. Scotiabank lifted their price target on shares of Calibre Mining from C$2.75 to C$3.00 in a research report on Monday, August 19th. Finally, National Bankshares dropped their price objective on Calibre Mining from C$4.00 to C$3.60 and set an "outperform" rating on the stock in a research note on Wednesday, October 23rd. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of C$3.43.

Calibre Mining Trading Down 5.7 %

TSE CXB traded down C$0.13 during trading hours on Monday, reaching C$2.16. The company's stock had a trading volume of 2,054,702 shares, compared to its average volume of 2,691,219. The firm has a fifty day simple moving average of C$2.55 and a 200-day simple moving average of C$2.22. The stock has a market cap of C$1.70 billion, a P/E ratio of 16.36 and a beta of 2.08. Calibre Mining has a 52 week low of C$1.16 and a 52 week high of C$2.90. The company has a debt-to-equity ratio of 39.77, a current ratio of 2.33 and a quick ratio of 0.97.

Calibre Mining (TSE:CXB - Get Free Report) last issued its quarterly earnings data on Monday, August 12th. The company reported C$0.04 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of C$0.04. The business had revenue of C$187.89 million during the quarter. Calibre Mining had a net margin of 9.30% and a return on equity of 7.54%.

Insider Activity

In other Calibre Mining news, Senior Officer Kevin James Riley sold 15,000 shares of Calibre Mining stock in a transaction on Monday, September 16th. The shares were sold at an average price of C$2.56, for a total value of C$38,385.00. In other Calibre Mining news, Senior Officer Kristian Dagsaan sold 30,000 shares of Calibre Mining stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of C$2.67, for a total value of C$80,103.00. Also, Senior Officer Kevin James Riley sold 15,000 shares of Calibre Mining stock in a transaction dated Monday, September 16th. The stock was sold at an average price of C$2.56, for a total transaction of C$38,385.00. In the last three months, insiders have bought 14,050 shares of company stock worth $29,074 and have sold 232,721 shares worth $637,453. Insiders own 6.32% of the company's stock.

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.