Raymond James Forecasts Lower Earnings for Calibre Mining

Calibre Mining Corp. (TSE:CXB - Free Report) - Investment analysts at Raymond James reduced their FY2025 earnings per share (EPS) estimates for Calibre Mining in a research note issued on Wednesday, January 8th. Raymond James analyst F. Hamed now anticipates that the company will post earnings of $0.39 per share for the year, down from their prior forecast of $0.57. The consensus estimate for Calibre Mining's current full-year earnings is $0.39 per share.

CXB has been the topic of a number of other research reports. National Bankshares reduced their target price on Calibre Mining from C$3.60 to C$3.40 and set an "outperform" rating on the stock in a report on Thursday. National Bank Financial upgraded shares of Calibre Mining from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 9th. Stifel Nicolaus decreased their price target on shares of Calibre Mining from C$5.00 to C$4.40 in a report on Monday, October 21st. Jefferies Financial Group raised their price objective on Calibre Mining from C$2.75 to C$3.50 in a research note on Friday, October 4th. Finally, TD Securities lowered their price target on Calibre Mining from C$3.50 to C$3.25 in a report on Wednesday, November 6th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of C$3.41.

Calibre Mining Trading Down 3.8 %

Shares of Calibre Mining stock traded down C$0.09 on Monday, hitting C$2.28. 568,456 shares of the company's stock traded hands, compared to its average volume of 1,399,728. 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 has a one year low of C$1.18 and a one year high of C$2.90. The firm's 50-day moving average price is C$2.30 and its two-hundred day moving average price is C$2.31. The stock has a market capitalization of C$1.80 billion, a PE ratio of 16.29 and a beta of 2.08.

About Calibre Mining

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.