Stifel Canada Brokers Boost Earnings Estimates for Calibre Mining Corp. (TSE:CXB)

Calibre Mining Corp. (TSE:CXB) – Investment analysts at Stifel Canada boosted their FY2026 earnings estimates for shares of Calibre Mining in a research report issued to clients and investors on Monday, September 9th. Stifel Canada analyst I. Rico now expects that the company will post earnings of $0.46 per share for the year, up from their prior estimate of $0.38. The consensus estimate for Calibre Mining’s current full-year earnings is $0.39 per share. Stifel Canada also issued estimates for Calibre Mining’s FY2027 earnings at $0.30 EPS.

Calibre Mining (TSE:CXB) last announced its earnings results on Monday, August 12th. The company reported C$0.04 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C$0.04. Calibre Mining had a return on equity of 7.54% and a net margin of 9.30%. The company had revenue of C$187.89 million for the quarter.

Several other research analysts have also commented on CXB. BMO Capital Markets raised their price objective on shares of Calibre Mining from C$2.00 to C$3.00 in a research note on Thursday, May 16th. Raymond James boosted their price target on shares of Calibre Mining from C$2.50 to C$3.00 in a research note on Friday, September 6th. National Bankshares lifted their target price on Calibre Mining from C$2.40 to C$2.60 and gave the company a “sector perform” rating in a report on Friday, May 17th. Scotiabank increased their price target on Calibre Mining from C$2.75 to C$3.00 in a research report on Monday, August 19th. Finally, Jefferies Financial Group boosted their price objective on Calibre Mining from C$2.25 to C$2.75 in a research report on Friday, July 12th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$2.90.

Calibre Mining Price Performance

CXB opened at C$2.37 on Wednesday. The firm has a market cap of C$1.87 billion, a price-to-earnings ratio of 16.93 and a beta of 2.07. The company has a current ratio of 2.33, a quick ratio of 0.97 and a debt-to-equity ratio of 39.77. The stock’s 50-day moving average price is C$2.15 and its 200 day moving average price is C$1.97. Calibre Mining has a 12-month low of C$1.16 and a 12-month high of C$2.40.

Insider Activity at Calibre Mining

In other Calibre Mining news, Director Darren John Hall purchased 25,000 shares of Calibre Mining stock in a transaction that occurred on Monday, June 24th. The stock was purchased at an average price of C$1.81 per share, for a total transaction of C$45,250.00. Insiders bought a total of 40,550 shares of company stock valued at $76,994 in the last three months. 6.32% of the stock is currently owned by company insiders.

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.