Calibre Mining Corp. (TSE:CXB) Senior Officer Kevin James Riley Sells 15,000 Shares

Calibre Mining Corp. (TSE:CXB) Senior Officer Kevin James Riley sold 15,000 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of C$2.56, for a total transaction of C$38,385.00.

Calibre Mining Stock Up 1.9 %

CXB opened at C$2.75 on Friday. Calibre Mining Corp. has a 12 month low of C$1.16 and a 12 month high of C$2.81. The company has a market cap of C$2.17 billion, a PE ratio of 19.64 and a beta of 2.07. The company has a current ratio of 2.33, a quick ratio of 0.97 and a debt-to-equity ratio of 39.77. The company has a 50 day moving average of C$2.22 and a 200 day moving average of C$2.02.

Calibre Mining (TSE:CXB) last posted its quarterly earnings results on Monday, August 12th. The company reported C$0.04 EPS for the quarter, hitting analysts’ consensus estimates of C$0.04. Calibre Mining had a return on equity of 7.54% and a net margin of 9.30%. The firm had revenue of C$187.89 million during the quarter. On average, sell-side analysts expect that Calibre Mining Corp. will post 0.3930435 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on CXB shares. Stifel Nicolaus increased their price target on Calibre Mining from C$2.50 to C$3.00 and gave the stock a “buy” rating in a report on Tuesday, September 10th. Cormark boosted their target price on shares of Calibre Mining from C$3.00 to C$3.15 in a research report on Monday, September 9th. Scotiabank raised their target price on Calibre Mining from C$2.75 to C$3.00 in a report on Monday, August 19th. Canaccord Genuity Group increased their price target on Calibre Mining from C$3.75 to C$4.00 in a research report on Tuesday, July 23rd. Finally, Jefferies Financial Group increased their price objective on shares of Calibre Mining from C$2.25 to C$2.75 in a research note on Friday, July 12th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$2.90.

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.