Q4 Earnings Forecast for Calibre Mining Issued By Cormark

Calibre Mining Corp. (TSE:CXB) – Investment analysts at Cormark issued their Q4 2024 earnings per share estimates for Calibre Mining in a research report issued to clients and investors on Thursday, January 9th. Cormark analyst N. Dion forecasts that the company will post earnings per share of $0.09 for the quarter. The consensus estimate for Calibre Mining’s current full-year earnings is $0.39 per share. Cormark also issued estimates for Calibre Mining’s FY2025 earnings at $0.30 EPS and FY2026 earnings at $0.37 EPS.

Other equities analysts have also issued research reports about the company. National Bank Financial raised Calibre Mining from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 9th. National Bankshares lowered their price objective on shares of Calibre Mining from C$3.60 to C$3.40 and set an “outperform” rating on the stock in a research report on Thursday, January 9th. TD Securities cut their price objective on shares of Calibre Mining from C$3.50 to C$3.25 in a research report on Wednesday, November 6th. Stifel Nicolaus dropped their price target on shares of Calibre Mining from C$5.00 to C$4.40 in a research note on Monday, October 21st. Finally, Jefferies Financial Group raised their price objective on shares of Calibre Mining from C$2.75 to C$3.50 in a research report on Friday, October 4th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Calibre Mining has an average rating of “Buy” and a consensus target price of C$3.41.

Calibre Mining Stock Up 4.0 %

Shares of TSE CXB opened at C$2.33 on Monday. 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 has a 52-week low of C$1.18 and a 52-week high of C$2.90. The business has a 50-day moving average price of C$2.29 and a 200 day moving average price of C$2.32. The stock has a market cap of C$1.84 billion, a PE ratio of 16.64 and a beta of 2.08.

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.