FY2024 EPS Estimates for Calibre Mining Corp. Boosted by Analyst (TSE:CXB)

Calibre Mining Corp. (TSE:CXB - Free Report) - Analysts at Cormark upped their FY2024 earnings per share estimates for Calibre Mining in a report released on Tuesday, April 23rd. Cormark analyst N. Dion now anticipates that the company will post earnings of $0.19 per share for the year, up from their prior estimate of $0.16. The consensus estimate for Calibre Mining's current full-year earnings is $0.20 per share.

Several other research analysts have also weighed in on the stock. Canaccord Genuity Group upped their target price on shares of Calibre Mining from C$3.00 to C$3.75 in a research report on Tuesday. National Bankshares lowered their target price on shares of Calibre Mining from C$2.50 to C$2.40 in a research note on Friday, April 19th. Jefferies Financial Group upped their price objective on shares of Calibre Mining from C$2.00 to C$2.25 and gave the company a "buy" rating in a research note on Monday. Stifel Nicolaus lifted their target price on Calibre Mining from C$2.25 to C$2.50 in a report on Friday, April 19th. Finally, TD Securities increased their price objective on shares of 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. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of C$2.49.

Calibre Mining Stock Performance

CXB traded up C$0.04 during trading on Thursday, hitting C$1.87. The stock had a trading volume of 2,115,224 shares, compared to its average volume of 2,833,911. The company has a debt-to-equity ratio of 3.72, a quick ratio of 0.97 and a current ratio of 2.21. The firm has a market capitalization of C$1.34 billion, a P/E ratio of 7.63 and a beta of 2.06. Calibre Mining has a twelve month low of C$1.16 and a twelve month high of C$2.00. The company's 50-day moving average price is C$1.72 and its 200 day moving average price is C$1.47.

Calibre Mining (TSE:CXB - Get Free Report) last issued its quarterly earnings results on Tuesday, February 20th. The company reported C$0.07 earnings per share 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 for the quarter.

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.