Calibre Mining Corp. (TSE:CXB) Forecasted to Earn FY2025 Earnings of $0.31 Per Share

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

Calibre Mining (TSE:CXB) last posted 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 net margin of 11.47% and a return on equity of 10.32%. The company had revenue of C$177.80 million for the quarter.

A number of other analysts have also commented on the company. Jefferies Financial Group lifted their target price 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. Stifel Nicolaus raised their price target on Calibre Mining from C$2.25 to C$2.50 in a research note on Friday, April 19th. Scotiabank raised their price target on Calibre Mining from C$2.25 to C$2.75 in a research note on Thursday, May 23rd. Raymond James raised their price target on Calibre Mining from C$2.25 to C$2.50 in a research note on Tuesday, April 23rd. Finally, BMO Capital Markets raised their price target on Calibre Mining from C$2.00 to C$3.00 in a research note on Thursday, May 16th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$2.65.

Calibre Mining Stock Up 2.8 %

CXB stock opened at C$1.82 on Thursday. The firm has a market cap of C$1.43 billion, a PE ratio of 10.00 and a beta of 2.07. The business has a 50 day moving average of C$1.98 and a 200 day moving average of C$1.67. Calibre Mining has a twelve month low of C$1.16 and a twelve month high of C$2.34. The company has a quick ratio of 0.97, a current ratio of 2.16 and a debt-to-equity ratio of 44.76.

Insiders Place Their Bets

In other Calibre Mining news, Senior Officer Kevin James Riley sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of C$2.10, for a total transaction of C$31,500.00. In other Calibre Mining news, Senior Officer Kevin James Riley sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of C$2.10, for a total transaction of C$31,500.00. Also, Director Darren John Hall bought 25,000 shares of the company’s stock in a transaction on Monday, June 24th. The shares were acquired at an average price of C$1.81 per share, with a total value of C$45,250.00. Insiders have purchased 28,500 shares of company stock valued at $51,620 over the last ninety days. 16.14% of the stock is owned by 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.