Darren John Hall Acquires 25,000 Shares of Calibre Mining Corp. (TSE:CXB) Stock

Calibre Mining Corp. (TSE:CXB) Director Darren John Hall bought 25,000 shares of the business’s stock in a transaction dated Monday, June 24th. The stock was acquired at an average price of C$1.81 per share, for a total transaction of C$45,250.00.

Calibre Mining Stock Performance

TSE CXB opened at C$1.75 on Wednesday. The firm has a market cap of C$1.38 billion, a P/E ratio of 9.72 and a beta of 2.07. The company has a quick ratio of 0.97, a current ratio of 2.16 and a debt-to-equity ratio of 44.76. The company’s 50 day moving average is C$1.98 and its 200-day moving average is C$1.67. Calibre Mining Corp. has a 12-month low of C$1.16 and a 12-month high of C$2.34.

Calibre Mining (TSE:CXB) last issued its earnings results on Tuesday, May 14th. The company reported C$0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.04 by C($0.02). Calibre Mining had a net margin of 11.47% and a return on equity of 10.32%. The business had revenue of C$177.80 million for the quarter.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Stifel Nicolaus lifted their price target on Calibre Mining from C$2.25 to C$2.50 in a report on Friday, April 19th. National Bankshares lifted their target price on Calibre Mining from C$2.40 to C$2.60 and gave the stock a “sector perform” rating in a research note on Friday, May 17th. Raymond James increased their price target on shares of Calibre Mining from C$2.25 to C$2.50 in a research report on Tuesday, April 23rd. Jefferies Financial Group lifted their price objective on shares of Calibre Mining from C$2.00 to C$2.25 and gave the stock a “buy” rating in a research report on Monday, April 22nd. Finally, Scotiabank increased their target price on shares of Calibre Mining from C$2.25 to C$2.75 in a research report on Thursday, May 23rd. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$2.65.

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.