Cormark Issues Negative Outlook for Calibre Mining Earnings

Calibre Mining Corp. (TSE:CXB) – Stock analysts at Cormark reduced their FY2026 earnings estimates for Calibre Mining in a research note issued on Tuesday, April 15th. Cormark analyst N. Dion now expects that the company will post earnings per share of $0.34 for the year, down from their previous estimate of $0.37. The consensus estimate for Calibre Mining’s current full-year earnings is $0.39 per share.

Several other research firms have also recently weighed in on CXB. Ventum Financial set a C$3.30 price objective on Calibre Mining and gave the stock a “buy” rating in a report on Thursday, January 30th. Jefferies Financial Group upped their target price on shares of Calibre Mining from C$3.00 to C$3.50 in a research note on Friday, April 4th. Ventum Cap Mkts upgraded shares of Calibre Mining to a “strong-buy” rating in a research note on Friday, January 17th. Raymond James boosted their price objective on Calibre Mining from C$3.25 to C$4.00 in a research note on Friday, April 4th. Finally, National Bankshares increased their target price on Calibre Mining from C$3.40 to C$4.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 11th. Five research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, Calibre Mining presently has an average rating of “Buy” and an average target price of C$3.56.

Calibre Mining Trading Down 2.4 %

TSE:CXB opened at C$3.21 on Wednesday. The firm has a market capitalization of C$1.93 billion, a P/E ratio of 60.03 and a beta of 2.08. The company has a fifty day moving average of C$3.00 and a 200 day moving average of C$2.64. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 38.70. Calibre Mining has a 52 week low of C$1.73 and a 52 week high of C$3.34.

About Calibre Mining

Calibre Mining Corp is a multi-asset gold producer with a portfolio of exploration and development opportunities in Nicaragua. Its project includes Pavon Gold Project, Borosi Gold Project, IamGold and Santa Rita. The company has only one revenue stream, being the sale of refined gold from its operations in Nicaragua.