Calibre Mining Corp. (TSE:CXB) to Post FY2025 Earnings of $0.35 Per Share, Cormark Forecasts

Calibre Mining Corp. (TSE:CXB) – Analysts at Cormark cut their FY2025 earnings estimates for Calibre Mining in a research report issued on Monday, September 9th. Cormark analyst N. Dion now expects that the company will post earnings per share of $0.35 for the year, down from their prior forecast of $0.40. The consensus estimate for Calibre Mining’s current full-year earnings is $0.39 per share.

Calibre Mining (TSE:CXB) last announced its earnings results 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 firm had revenue of C$187.89 million for the quarter.

A number of other analysts have also issued reports on the company. Raymond James raised their target price on Calibre Mining from C$2.50 to C$3.00 in a report on Friday, September 6th. Jefferies Financial Group raised their price objective on shares of Calibre Mining from C$2.25 to C$2.75 in a research note on Friday, July 12th. Scotiabank upped their target price on shares of Calibre Mining from C$2.75 to C$3.00 in a research note on Monday, August 19th. BMO Capital Markets raised their price target on shares of Calibre Mining from C$2.00 to C$3.00 in a research report on Thursday, May 16th. Finally, Stifel Nicolaus upped their price objective on shares of Calibre Mining from C$2.50 to C$3.00 and gave the company a “buy” rating in a research report on Tuesday. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$2.90.

Calibre Mining Trading Up 4.9 %

Calibre Mining stock opened at C$2.37 on Wednesday. Calibre Mining has a 52 week low of C$1.16 and a 52 week high of C$2.40. The company has a debt-to-equity ratio of 39.77, a quick ratio of 0.97 and a current ratio of 2.33. The firm has a market capitalization of C$1.87 billion, a PE ratio of 16.93 and a beta of 2.07. The business’s 50-day simple moving average is C$2.15 and its 200-day simple moving average is C$1.97.

Insider Buying and Selling at Calibre Mining

In other Calibre Mining news, Director Darren John Hall bought 25,000 shares of the firm’s stock in a transaction dated Monday, June 24th. The shares were acquired at an average cost of C$1.81 per share, for a total transaction of C$45,250.00. Insiders have acquired 40,550 shares of company stock valued at $76,994 in the last 90 days. 6.32% of the stock is currently owned by company insiders.

Calibre Mining Company Profile

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.