Q4 Earnings Forecast for Calibre Mining Issued By Cormark

Calibre Mining Corp. (TSE:CXB) – Equities researchers at Cormark issued their Q4 2024 earnings estimates for shares of Calibre Mining in a note issued to investors on Thursday, January 9th. Cormark analyst N. Dion expects that the company will post earnings per share of $0.09 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.

A number of other analysts have also recently commented on the stock. TD Securities lowered their price objective on shares of Calibre Mining from C$3.50 to C$3.25 in a research report on Wednesday, November 6th. National Bankshares dropped their price target on Calibre Mining from C$3.60 to C$3.40 and set an “outperform” rating on the stock in a research report on Thursday. National Bank Financial upgraded Calibre Mining from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 9th. Jefferies Financial Group raised their target price on shares of Calibre Mining from C$2.75 to C$3.50 in a report on Friday, October 4th. Finally, 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. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$3.41.

Calibre Mining Trading Down 2.9 %

CXB opened at C$2.37 on Monday. The firm’s fifty day moving average is C$2.30 and its two-hundred day moving average is C$2.31. The firm has a market cap of C$1.87 billion, a PE ratio of 16.93 and a beta of 2.08. Calibre Mining has a twelve month low of C$1.18 and a twelve month high of C$2.90. The company has a debt-to-equity ratio of 39.77, a quick ratio of 0.97 and a current ratio of 2.33.

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.