Raymond James Reduces Earnings Estimates for Calibre Mining

Calibre Mining Corp. (TSE:CXB - Free Report) - Raymond James cut their FY2025 earnings per share estimates for shares of Calibre Mining in a report issued on Monday, February 24th. Raymond James analyst F. Hamed now forecasts that the company will post earnings of $0.34 per share for the year, down from their previous forecast of $0.39. The consensus estimate for Calibre Mining's current full-year earnings is $0.39 per share.

A number of other equities research analysts have also weighed in on the company. Ventum Financial set a C$3.30 price objective on Calibre Mining and gave the company a "buy" rating in a report on Thursday, January 30th. National Bankshares lifted their price objective on Calibre Mining from C$3.40 to C$4.00 and gave the company an "outperform" rating in a report on Tuesday, February 11th. Ventum Cap Mkts raised Calibre Mining to a "strong-buy" rating in a research note on Friday, January 17th. Finally, TD Securities decreased their price target on Calibre Mining from C$3.50 to C$3.25 in a research note on Wednesday, November 6th. Six investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of C$3.46.

Calibre Mining Stock Performance

CXB stock traded up C$0.06 during trading on Wednesday, hitting C$2.85. The company had a trading volume of 4,827,555 shares, compared to its average volume of 2,769,239. The firm has a market cap of C$1.72 billion, a PE ratio of 53.30 and a beta of 2.08. Calibre Mining has a 1-year low of C$1.52 and a 1-year high of C$3.27. The firm has a 50-day moving average price of C$2.55 and a 200-day moving average price of C$2.47. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 38.70.

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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.