Calibre Mining Corp. (TSE:CXB) Senior Officer Sells C$38,385.00 in Stock

Calibre Mining Corp. (TSE:CXB) Senior Officer Kevin James Riley sold 15,000 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of C$2.56, for a total value of C$38,385.00.

Calibre Mining Stock Performance

Shares of Calibre Mining stock opened at C$2.75 on Friday. Calibre Mining Corp. has a 1 year low of C$1.16 and a 1 year high of C$2.81. The firm’s 50-day moving average is C$2.22 and its 200 day moving average is C$2.02. The stock has a market cap of C$2.17 billion, a price-to-earnings ratio of 19.64 and a beta of 2.07. The company has a debt-to-equity ratio of 39.77, a current ratio of 2.33 and a quick ratio of 0.97.

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 business 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%. Sell-side analysts anticipate that Calibre Mining Corp. will post 0.3930435 EPS for the current fiscal year.

Analyst Ratings Changes

CXB has been the topic of a number of research analyst reports. Raymond James boosted their price objective on shares of Calibre Mining from C$2.50 to C$3.00 in a research report on Friday, September 6th. Stifel Nicolaus raised their price objective on shares of Calibre Mining from C$2.50 to C$3.00 and gave the stock a “buy” rating in a report on Tuesday, September 10th. Jefferies Financial Group increased their target price on Calibre Mining from C$2.25 to C$2.75 in a research report on Friday, July 12th. Cormark lifted their price target on Calibre Mining from C$3.00 to C$3.15 in a research report on Monday, September 9th. Finally, Canaccord Genuity Group increased their price objective on Calibre Mining from C$3.75 to C$4.00 in a report on Tuesday, July 23rd. 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.com, Calibre Mining has a consensus rating of “Moderate Buy” and an average 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.