Calibre Mining (TSE:CXB) Price Target Lowered to C$3.25 at TD Securities

Calibre Mining (TSE:CXB) had its target price trimmed by TD Securities from C$3.50 to C$3.25 in a research note published on Wednesday morning, BayStreet.CA reports.

A number of other equities analysts have also weighed in on CXB. Cormark increased their target price on Calibre Mining from C$3.00 to C$3.15 in a research note on Monday, September 9th. Scotiabank increased their target price on Calibre Mining from C$2.75 to C$3.00 in a research note on Monday, August 19th. National Bank Financial upgraded Calibre Mining from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 9th. Stifel Nicolaus lowered their target price on Calibre Mining from C$5.00 to C$4.40 in a research note on Monday, October 21st. Finally, Canaccord Genuity Group increased their price target on Calibre Mining from C$3.75 to C$4.00 in a research report on Tuesday, July 23rd. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$3.43.

Calibre Mining Price Performance

TSE:CXB opened at C$2.24 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 2.33 and a debt-to-equity ratio of 39.77. The stock’s 50 day moving average price is C$2.55 and its two-hundred day moving average price is C$2.21. The firm has a market capitalization of C$1.77 billion, a price-to-earnings ratio of 16.00 and a beta of 2.08. Calibre Mining has a 12-month low of C$1.16 and a 12-month high of C$2.90.

Calibre Mining (TSE:CXB) last released its quarterly earnings data on Monday, August 12th. The company reported C$0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.04. The firm had revenue of C$187.89 million for the quarter. Calibre Mining had a return on equity of 7.54% and a net margin of 9.30%. On average, analysts anticipate that Calibre Mining will post 0.3914328 earnings per share for the current year.

Insider Buying and Selling at Calibre Mining

In other Calibre Mining news, Senior Officer Marco Dacosta Galego sold 184,920 shares of Calibre Mining stock in a transaction dated Friday, September 20th. The stock was sold at an average price of C$2.77, for a total transaction of C$512,228.40. In other news, Senior Officer Kristian Dagsaan sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of C$2.67, for a total value of C$80,103.00. Also, Senior Officer Marco Dacosta Galego sold 184,920 shares of the company’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of C$2.77, for a total transaction of C$512,228.40. In the last quarter, insiders purchased 14,050 shares of company stock worth $29,074 and sold 232,721 shares worth $637,453. Company insiders own 6.32% of the company’s stock.

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.