Calibre Mining Corp. (TSE:CXB) Senior Officer Kristian Dagsaan Sells 30,000 Shares of Stock

Calibre Mining Corp. (TSE:CXB) Senior Officer Kristian Dagsaan sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of C$2.67, for a total value of C$80,103.00.

Calibre Mining Price Performance

CXB opened at C$2.75 on Friday. The firm has a 50-day moving average price of C$2.22 and a 200-day moving average price of C$2.02. Calibre Mining Corp. has a twelve month low of C$1.16 and a twelve month high of C$2.81. 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 company has a market capitalization of C$2.17 billion, a price-to-earnings ratio of 19.64 and a beta of 2.07.

Calibre Mining (TSE:CXB) 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. Equities analysts expect that Calibre Mining Corp. will post 0.3930435 EPS for the current year.

Analyst Ratings Changes

CXB has been the subject of a number of recent analyst reports. Scotiabank upped their price objective on Calibre Mining from C$2.75 to C$3.00 in a research note on Monday, August 19th. Jefferies Financial Group increased their price target on shares of Calibre Mining from C$2.25 to C$2.75 in a research report on Friday, July 12th. Canaccord Genuity Group raised their price objective on shares of Calibre Mining from C$3.75 to C$4.00 in a report on Tuesday, July 23rd. Stifel Nicolaus boosted their target price on shares of Calibre Mining from C$2.50 to C$3.00 and gave the company a “buy” rating in a research note on Tuesday, September 10th. Finally, Raymond James raised their price target on shares of Calibre Mining from C$2.50 to C$3.00 in a research note on Friday, September 6th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$2.90.

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.