Calibre Mining Corp. (TSE:CXB) Senior Officer Sells C$80,103.00 in Stock

Calibre Mining Corp. (TSE:CXB) Senior Officer Kristian Dagsaan sold 30,000 shares of Calibre Mining stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of C$2.67, for a total value of C$80,103.00.

Calibre Mining Trading Up 1.9 %

CXB stock opened at C$2.75 on Monday. The firm has a fifty day moving average price of C$2.22 and a 200 day moving average price of C$2.02. Calibre Mining Corp. has a fifty-two week low of C$1.16 and a fifty-two week high of C$2.81. The firm has a market cap of C$2.17 billion, a PE ratio of 19.64 and a beta of 2.07. The company has a debt-to-equity ratio of 39.77, a quick ratio of 0.97 and a current ratio of 2.33.

Calibre Mining (TSE:CXB) last released its quarterly earnings data on Monday, August 12th. The company reported C$0.04 EPS for the quarter, meeting 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 business had revenue of C$187.89 million during the quarter. Sell-side analysts anticipate that Calibre Mining Corp. will post 0.3934192 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Scotiabank lifted their price objective on Calibre Mining from C$2.75 to C$3.00 in a research report on Monday, August 19th. Raymond James increased their price objective on shares of Calibre Mining from C$2.50 to C$3.00 in a report on Friday, September 6th. Jefferies Financial Group lifted their price objective on shares of Calibre Mining from C$2.25 to C$2.75 in a research report on Friday, July 12th. Canaccord Genuity Group upped their target price on shares of Calibre Mining from C$3.75 to C$4.00 in a research report on Tuesday, July 23rd. Finally, Stifel Nicolaus lifted their price target on shares of Calibre Mining from C$2.50 to C$3.00 and gave the company a “buy” rating in a report on Tuesday, September 10th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Calibre Mining has a consensus rating of “Moderate Buy” and a consensus price target of C$2.90.

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.