Q4 Earnings Forecast for Calibre Mining Issued By Cormark

Calibre Mining Corp. (TSE:CXB) – Analysts at Cormark issued their Q4 2024 earnings per share estimates for shares of Calibre Mining in a report released on Thursday, January 9th. Cormark analyst N. Dion anticipates that the company will earn $0.09 per share for the quarter. The consensus estimate for Calibre Mining’s current full-year earnings is $0.39 per share. Cormark also issued estimates for Calibre Mining’s FY2025 earnings at $0.30 EPS and FY2026 earnings at $0.37 EPS.

CXB has been the subject of several other research reports. Stifel Nicolaus reduced 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 increased their price target on Calibre Mining from C$2.75 to C$3.50 in a research note on Friday, October 4th. National Bank Financial upgraded shares of Calibre Mining from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 9th. TD Securities lowered their price target on Calibre Mining from C$3.50 to C$3.25 in a research report on Wednesday, November 6th. Finally, National Bankshares decreased their target price on Calibre Mining from C$3.60 to C$3.40 and set an “outperform” rating for the company in a research note on Thursday, January 9th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$3.41.

Calibre Mining Price Performance

Shares of TSE:CXB opened at C$2.33 on Monday. The company has a quick ratio of 0.97, a current ratio of 2.33 and a debt-to-equity ratio of 39.77. The firm has a 50-day simple moving average of C$2.29 and a 200 day simple moving average of C$2.32. Calibre Mining has a fifty-two week low of C$1.18 and a fifty-two week high of C$2.90. The company has a market cap of C$1.84 billion, a PE ratio of 16.64 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.