FY2025 EPS Estimates for Calibre Mining Corp. (TSE:CXB) Decreased by Cormark

Calibre Mining Corp. (TSE:CXB) – Investment analysts at Cormark cut their FY2025 earnings per share (EPS) estimates for Calibre Mining in a research note issued on Monday, June 24th. Cormark analyst N. Dion now expects that the company will post earnings of $0.31 per share for the year, down from their previous forecast of $0.33.

A number of other research analysts have also weighed in on CXB. Jefferies Financial Group upped their price objective on Calibre Mining from C$2.00 to C$2.25 and gave the stock a “buy” rating in a report on Monday, April 22nd. Scotiabank upped their target price on Calibre Mining from C$2.25 to C$2.75 in a report on Thursday, May 23rd. Canaccord Genuity Group upped their target price on Calibre Mining from C$3.00 to C$3.75 in a report on Tuesday, April 23rd. Stifel Nicolaus upped their target price on Calibre Mining from C$2.25 to C$2.50 in a report on Friday, April 19th. Finally, BMO Capital Markets upped their target price on Calibre Mining from C$2.00 to C$3.00 in a report on Thursday, May 16th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$2.65.

Calibre Mining Trading Down 1.1 %

Shares of CXB stock opened at C$1.80 on Thursday. The business’s fifty day moving average price is C$1.98 and its 200 day moving average price is C$1.67. Calibre Mining has a 1-year low of C$1.16 and a 1-year high of C$2.34. The firm has a market capitalization of C$1.42 billion, a PE ratio of 10.06 and a beta of 2.07. The company has a debt-to-equity ratio of 44.76, a current ratio of 2.16 and a quick ratio of 0.97.

Calibre Mining (TSE:CXB) last announced its quarterly earnings data on Tuesday, May 14th. The company reported C$0.02 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.04 by C($0.02). Calibre Mining had a return on equity of 10.32% and a net margin of 11.47%. The business had revenue of C$177.80 million for the quarter.

Insider Buying and Selling

In related news, Director Darren John Hall acquired 25,000 shares of the company’s stock in a transaction that occurred on Monday, June 24th. The stock was purchased at an average price of C$1.81 per share, for a total transaction of C$45,250.00. In related news, Director Darren John Hall acquired 25,000 shares of the company’s stock in a transaction that occurred on Monday, June 24th. The stock was purchased at an average price of C$1.81 per share, for a total transaction of C$45,250.00. Also, Senior Officer Kevin James Riley sold 15,000 shares of the firm’s stock in a transaction dated Friday, May 31st. The stock was sold at an average price of C$2.10, for a total value of C$31,500.00. In the last quarter, insiders purchased 28,500 shares of company stock worth $51,620. 16.14% of the stock is owned by corporate insiders.

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.