Calibre Mining Corp. to Post FY2025 Earnings of $0.39 Per Share, Raymond James Forecasts (TSE:CXB)

Calibre Mining Corp. (TSE:CXBFree Report) – Research analysts at Raymond James raised their FY2025 earnings estimates for Calibre Mining in a research note issued to investors on Thursday, September 5th. Raymond James analyst F. Hamed now forecasts that the company will post earnings per share of $0.39 for the year, up from their prior forecast of $0.38. The consensus estimate for Calibre Mining’s current full-year earnings is $0.20 per share.

Several other research analysts also recently commented on the company. Canaccord Genuity Group raised their target price on Calibre Mining from C$3.75 to C$4.00 in a research note on Tuesday, July 23rd. Scotiabank boosted their price objective on shares of Calibre Mining from C$2.75 to C$3.00 in a research note on Monday, August 19th. BMO Capital Markets upped their target price on shares of Calibre Mining from C$2.00 to C$3.00 in a report on Thursday, May 16th. National Bankshares raised their price target on shares of Calibre Mining from C$2.40 to C$2.60 and gave the company a “sector perform” rating in a report on Friday, May 17th. Finally, Jefferies Financial Group boosted their price target on shares of Calibre Mining from C$2.25 to C$2.75 in a research report on Friday, July 12th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$2.90.

Check Out Our Latest Stock Report on CXB

Calibre Mining Price Performance

Calibre Mining stock opened at C$2.28 on Monday. The firm has a market capitalization of C$1.80 billion, a P/E ratio of 17.54 and a beta of 2.07. Calibre Mining has a one year low of C$1.16 and a one year high of C$2.40. The company has a debt-to-equity ratio of 39.77, a current ratio of 2.33 and a quick ratio of 0.97. The business has a fifty day moving average price of C$2.13 and a 200-day moving average price of C$1.97.

Calibre Mining (TSE:CXBGet Free Report) last released its quarterly earnings data on Monday, August 12th. The company reported C$0.04 EPS for the quarter, hitting 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 company had revenue of C$187.89 million during the quarter.

Insider Activity

In related news, Director Darren John Hall acquired 25,000 shares of the company’s stock in a transaction dated Monday, June 24th. The stock was bought 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 40,550 shares of company stock worth $76,994. 6.32% of the stock is currently owned by corporate insiders.

Calibre Mining Company Profile

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for Calibre Mining (TSE:CXB)

Receive News & Ratings for Calibre Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calibre Mining and related companies with MarketBeat.com's FREE daily email newsletter.