FY2024 EPS Estimates for Calibre Mining Decreased by Analyst

Calibre Mining Corp. (TSE:CXB) – Investment analysts at National Bank Financial reduced their FY2024 earnings estimates for shares of Calibre Mining in a note issued to investors on Monday, February 10th. National Bank Financial analyst D. Demarco now expects that the company will post earnings per share of $0.10 for the year, down from their previous forecast of $0.14. The consensus estimate for Calibre Mining’s current full-year earnings is $0.39 per share. National Bank Financial also issued estimates for Calibre Mining’s Q4 2024 earnings at $0.06 EPS.

Other equities analysts have also issued research reports about the company. Ventum Cap Mkts raised Calibre Mining to a “strong-buy” rating in a research note on Friday, January 17th. Ventum Financial set a C$3.30 price target on Calibre Mining and gave the stock a “buy” rating in a research note on Thursday, January 30th. Stifel Nicolaus cut their price objective on shares of Calibre Mining from C$5.00 to C$4.40 in a report on Monday, October 21st. TD Securities lowered their target price on shares of Calibre Mining from C$3.50 to C$3.25 in a report on Wednesday, November 6th. Finally, National Bankshares raised their target price on shares of Calibre Mining from C$3.40 to C$4.00 and gave the company an “outperform” rating in a research note on Tuesday. Six analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$3.46.

Calibre Mining Stock Performance

Shares of CXB stock opened at C$2.95 on Wednesday. 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 stock has a fifty day simple moving average of C$2.39 and a two-hundred day simple moving average of C$2.39. The firm has a market capitalization of C$2.33 billion, a PE ratio of 21.07 and a beta of 2.08. Calibre Mining has a 52-week low of C$1.33 and a 52-week high of C$3.01.

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.