Analysts Issue Forecasts for Calibre Mining Corp.'s Q1 2024 Earnings (TSE:CXB)

Calibre Mining Corp. (TSE:CXB - Free Report) - Stock analysts at Cormark issued their Q1 2024 earnings per share (EPS) estimates for Calibre Mining in a research report issued on Monday, April 22nd. Cormark analyst N. Dion expects that the company will post earnings of $0.04 per share for the quarter. The consensus estimate for Calibre Mining's current full-year earnings is $0.20 per share.

Calibre Mining (TSE:CXB - Get Free Report) last issued its quarterly earnings data on Tuesday, February 20th. The company reported C$0.07 EPS for the quarter, topping the consensus estimate of C$0.05 by C$0.02. Calibre Mining had a return on equity of 16.87% and a net margin of 15.14%. The company had revenue of C$206.40 million during the quarter.

CXB has been the subject of a number of other research reports. National Bankshares dropped their target price on Calibre Mining from C$2.50 to C$2.40 in a research report on Friday. TD Securities boosted their target price on Calibre Mining from C$2.25 to C$2.50 and gave the stock a "buy" rating in a research report on Monday, January 29th. Stifel Nicolaus boosted their target price on Calibre Mining from C$2.25 to C$2.50 in a research report on Friday. Jefferies Financial Group boosted their target price on Calibre Mining from C$2.00 to C$2.25 and gave the stock a "buy" rating in a research report on Monday. Finally, Canaccord Genuity Group boosted their target price on Calibre Mining from C$3.00 to C$3.75 in a research report on Tuesday. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of C$2.49.


Read Our Latest Report on Calibre Mining

Calibre Mining Price Performance

Shares of TSE CXB traded up C$0.04 during midday trading on Tuesday, hitting C$1.86. 2,192,637 shares of the company's stock were exchanged, compared to its average volume of 2,864,256. The business's fifty day moving average price is C$1.70 and its two-hundred day moving average price is C$1.47. The company has a market cap of C$1.34 billion, a price-to-earnings ratio of 7.67 and a beta of 2.06. Calibre Mining has a 12-month low of C$1.16 and a 12-month high of C$2.00. The company has a current ratio of 2.21, a quick ratio of 0.97 and a debt-to-equity ratio of 3.72.

About Calibre Mining

(Get Free Report)

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.

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