Calibre Mining (TSE:CXB – Free Report) had its target price raised by Raymond James from C$2.50 to C$3.00 in a research report released on Friday morning, BayStreet.CA reports. Raymond James also issued estimates for Calibre Mining’s FY2025 earnings at $0.39 EPS.
A number of other analysts have also commented on the company. Jefferies Financial Group boosted their price objective on Calibre Mining from C$2.25 to C$2.75 in a report on Friday, July 12th. National Bankshares lifted their price objective on shares of Calibre Mining from C$2.40 to C$2.60 and gave the stock a sector perform rating in a report on Friday, May 17th. BMO Capital Markets increased their target price on shares of Calibre Mining from C$2.00 to C$3.00 in a report on Thursday, May 16th. Canaccord Genuity Group raised their price target on shares of Calibre Mining from C$3.75 to C$4.00 in a research report on Tuesday, July 23rd. Finally, Scotiabank increased their price objective on shares of Calibre Mining from C$2.75 to C$3.00 in a research note on Monday, August 19th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and an average target price of C$2.82.
View Our Latest Analysis on CXB
Calibre Mining Stock Performance
Calibre Mining (TSE:CXB – Get Free Report) last posted its quarterly earnings results on Monday, August 12th. The company reported C$0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.04. Calibre Mining had a net margin of 9.30% and a return on equity of 7.54%. The business had revenue of C$187.89 million during the quarter. On average, research analysts anticipate that Calibre Mining will post 0.1980886 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, Director Darren John Hall bought 25,000 shares of the firm’s stock in a transaction on Monday, June 24th. The stock was acquired at an average cost of C$1.81 per share, with a total value of C$45,250.00. In the last quarter, insiders have purchased 41,550 shares of company stock valued at $78,814. 6.32% of the stock is owned by company insiders.
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.
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