Marco Dacosta Galego Sells 184,920 Shares of Calibre Mining Corp. (TSE:CXB) Stock

Calibre Mining Corp. (TSE:CXB) Senior Officer Marco Dacosta Galego sold 184,920 shares of the business’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of C$2.77, for a total transaction of C$512,228.40.

Marco Dacosta Galego also recently made the following trade(s):

• On Friday, September 13th, Marco Dacosta Galego sold 2,801 shares of Calibre Mining stock. The shares were sold at an average price of C$2.41, for a total transaction of C$6,736.41.

Calibre Mining Stock Down 1.1 %

Shares of TSE CXB traded down C$0.03 during trading hours on Friday, hitting C$2.65. 3,032,305 shares of the stock were exchanged, compared to its average volume of 2,698,861. The company has a quick ratio of 0.97, a current ratio of 2.33 and a debt-to-equity ratio of 39.77. Calibre Mining Corp. has a 12 month low of C$1.16 and a 12 month high of C$2.81. The company has a market cap of C$2.09 billion, a PE ratio of 19.14 and a beta of 2.07. The firm has a fifty day moving average price of C$2.26 and a 200-day moving average price of C$2.04.

Calibre Mining (TSE:CXB) last issued its quarterly 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 net margin of 9.30% and a return on equity of 7.54%. The business had revenue of C$187.89 million for the quarter. On average, sell-side analysts expect that Calibre Mining Corp. will post 0.3934192 EPS for the current year.

Wall Street Analysts Forecast Growth

CXB has been the subject of several research reports. Scotiabank boosted their price objective on shares of Calibre Mining from C$2.75 to C$3.00 in a research report on Monday, August 19th. Raymond James upped their price target on shares of Calibre Mining from C$2.50 to C$3.00 in a research report on Friday, September 6th. Cormark upped their price target on shares of Calibre Mining from C$3.00 to C$3.15 in a research report on Monday, September 9th. Canaccord Genuity Group upped their price target on shares of Calibre Mining from C$3.75 to C$4.00 in a research report on Tuesday, July 23rd. Finally, Jefferies Financial Group upped their price target on shares of 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 issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$2.90.

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.