Calibre Mining FY2024 EPS Lowered by National Bank Financial

Calibre Mining Corp. (TSE:CXB - Free Report) - Equities researchers at National Bank Financial lowered their FY2024 earnings estimates for shares of Calibre Mining in a report issued on Monday, February 10th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings of $0.10 per share for the year, down from their previous forecast of $0.14. The consensus estimate for Calibre Mining's current full-year earnings is $0.39 per share. National Bank Financial also issued estimates for Calibre Mining's Q4 2024 earnings at $0.06 EPS.

Other analysts have also recently issued research reports about the stock. Ventum Cap Mkts upgraded shares of Calibre Mining to a "strong-buy" rating in a research note on Friday, January 17th. Stifel Nicolaus decreased their price target on shares of Calibre Mining from C$5.00 to C$4.40 in a research note on Monday, October 21st. TD Securities decreased their price target on shares of Calibre Mining from C$3.50 to C$3.25 in a research note on Wednesday, November 6th. Ventum Financial set a C$3.30 target price on shares of Calibre Mining and gave the company a "buy" rating in a research report on Thursday, January 30th. Finally, National Bankshares upped their target price on shares of Calibre Mining from C$3.40 to C$4.00 and gave the company an "outperform" rating in a research report on Tuesday. Six investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Calibre Mining presently has an average rating of "Buy" and an average price target of C$3.46.

Calibre Mining Price Performance

CXB stock traded down C$0.12 during mid-day trading on Wednesday, hitting C$2.93. The company had a trading volume of 3,106,014 shares, compared to its average volume of 2,098,114. The company has a market capitalization of C$1.76 billion, a price-to-earnings ratio of 54.79 and a beta of 2.08. Calibre Mining has a 12-month low of C$1.41 and a 12-month high of C$3.06. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 38.70. The company has a 50-day moving average price of C$2.43 and a 200 day moving average price of C$2.41.

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.