Stifel Canada Boosts Earnings Estimates for Calibre Mining

Calibre Mining Corp. (TSE:CXB - Free Report) - Equities researchers at Stifel Canada increased their FY2025 earnings per share estimates for shares of Calibre Mining in a research report issued on Monday, October 21st. Stifel Canada analyst I. Rico now anticipates that the company will post earnings per share of $0.70 for the year, up from their prior estimate of $0.50. The consensus estimate for Calibre Mining's current full-year earnings is $0.39 per share. Stifel Canada also issued estimates for Calibre Mining's FY2026 earnings at $0.73 EPS.

Calibre Mining (TSE:CXB - Get Free Report) last announced its earnings results on Monday, August 12th. The company reported C$0.04 EPS for the quarter, hitting the consensus estimate of C$0.04. The company had revenue of C$187.89 million for the quarter. Calibre Mining had a return on equity of 7.54% and a net margin of 9.30%.

A number of other research analysts have also commented on CXB. Cormark increased their price objective on Calibre Mining from C$3.00 to C$3.15 in a research report on Monday, September 9th. National Bank Financial upgraded Calibre Mining from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 9th. National Bankshares cut their target price on shares of Calibre Mining from C$4.00 to C$3.60 and set an "outperform" rating on the stock in a research report on Wednesday. Stifel Nicolaus reduced their target price on shares of Calibre Mining from C$5.00 to C$4.40 in a research note on Monday. Finally, Raymond James boosted their price target on shares of Calibre Mining from C$2.50 to C$3.00 in a research note on Friday, September 6th. Six investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Calibre Mining currently has a consensus rating of "Buy" and a consensus price target of C$3.32.

Calibre Mining Price Performance

Shares of CXB traded up C$0.02 during mid-day trading on Thursday, hitting C$2.59. 2,618,129 shares of the company traded hands, compared to its average volume of 2,710,907. The company has a current ratio of 2.33, a quick ratio of 0.97 and a debt-to-equity ratio of 39.77. The stock has a market capitalization of C$2.04 billion, a price-to-earnings ratio of 18.71 and a beta of 2.08. The business has a 50-day moving average of C$2.50 and a 200 day moving average of C$2.17. Calibre Mining has a one year low of C$1.16 and a one year high of C$2.90.

Insider Buying and Selling at Calibre Mining

In other 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 transaction of C$80,103.00. In other Calibre Mining news, 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 value of C$38,385.00. Also, Senior Officer Kristian Dagsaan sold 30,000 shares of Calibre Mining stock in a transaction that occurred 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. Over the last 90 days, insiders bought 14,050 shares of company stock valued at $29,074 and sold 232,721 shares valued at $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.