FY2024 EPS Estimate for Calibre Mining Lowered by Analyst

Calibre Mining Corp. (TSE:CXB) – Investment analysts at National Bank Financial decreased their FY2024 earnings per share estimates for Calibre Mining in a report issued on Monday, February 10th. National Bank Financial analyst D. Demarco now forecasts that the company will earn $0.10 per share for the year, down from their previous estimate of $0.14. The consensus estimate for Calibre Mining’s current full-year earnings is $0.39 per share. National Bank Financial also issued estimates for Calibre Mining’s Q4 2024 earnings at $0.06 EPS.

Several other equities analysts have also issued reports on the company. National Bankshares upped their price target on Calibre Mining from C$3.40 to C$4.00 and gave the company an “outperform” rating in a research note on Tuesday. Ventum Financial set a C$3.30 price target on Calibre Mining and gave the company a “buy” rating in a research note on Thursday, January 30th. TD Securities cut their price target on Calibre Mining from C$3.50 to C$3.25 in a research note on Wednesday, November 6th. Ventum Cap Mkts raised Calibre Mining to a “strong-buy” rating in a research note on Friday, January 17th. Finally, Stifel Nicolaus cut their price target on Calibre Mining from C$5.00 to C$4.40 in a research note on Monday, October 21st. Six research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$3.46.

Calibre Mining Price Performance

Shares of CXB stock opened at C$2.93 on Wednesday. The stock’s fifty day moving average is C$2.40 and its 200-day moving average is C$2.40. The company has a debt-to-equity ratio of 39.77, a quick ratio of 0.97 and a current ratio of 2.33. The stock has a market capitalization of C$2.31 billion, a PE ratio of 20.93 and a beta of 2.08. Calibre Mining has a 52 week low of C$1.33 and a 52 week high of C$3.01.

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.