Calibre Mining Corp. (TSE:CXB) Director Acquires C$45,250.00 in Stock

Calibre Mining Corp. (TSE:CXB) Director Darren John Hall acquired 25,000 shares of Calibre Mining stock in a transaction dated Monday, June 24th. The shares were acquired at an average price of C$1.81 per share, with a total value of C$45,250.00.

Calibre Mining Stock Up 1.1 %

CXB stock opened at C$1.77 on Thursday. The company has a debt-to-equity ratio of 44.76, a current ratio of 2.16 and a quick ratio of 0.97. The firm has a market cap of C$1.39 billion, a PE ratio of 9.83 and a beta of 2.07. Calibre Mining Corp. has a 12 month low of C$1.16 and a 12 month high of C$2.34. The firm has a 50 day simple moving average of C$1.98 and a 200 day simple moving average of C$1.67.

Calibre Mining (TSE:CXB) last issued its earnings results on Tuesday, May 14th. The company reported C$0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.04 by C($0.02). Calibre Mining had a return on equity of 10.32% and a net margin of 11.47%. The company had revenue of C$177.80 million during the quarter.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Scotiabank lifted their target price on Calibre Mining from C$2.25 to C$2.75 in a research note on Thursday, May 23rd. Raymond James upped their price objective on shares of Calibre Mining from C$2.25 to C$2.50 in a report on Tuesday, April 23rd. Stifel Nicolaus raised their target price on shares of Calibre Mining from C$2.25 to C$2.50 in a research note on Friday, April 19th. BMO Capital Markets upped their price target on shares of Calibre Mining from C$2.00 to C$3.00 in a research note on Thursday, May 16th. Finally, Jefferies Financial Group raised their price objective on shares of Calibre Mining from C$2.00 to C$2.25 and gave the company a “buy” rating in a research note on Monday, April 22nd. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$2.65.

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.