Kevin James Riley Sells 15,000 Shares of Calibre Mining Corp. (TSE:CXB) Stock

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

Calibre Mining Stock Performance

CXB stock opened at C$2.75 on Friday. Calibre Mining Corp. has a one year low of C$1.16 and a one year high of C$2.81. The firm 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 quick ratio of 0.97 and a current ratio of 2.33. The firm has a 50-day simple moving average of C$2.22 and a two-hundred day simple moving average of C$2.02.

Calibre Mining (TSE:CXB) last posted its quarterly earnings data on Monday, August 12th. The company reported C$0.04 EPS for the quarter, hitting the consensus estimate of C$0.04. The firm had revenue of C$187.89 million during the quarter. Calibre Mining had a net margin of 9.30% and a return on equity of 7.54%. On average, equities analysts forecast that Calibre Mining Corp. will post 0.3930435 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on CXB shares. Raymond James lifted their target price on Calibre Mining from C$2.50 to C$3.00 in a research report on Friday, September 6th. Scotiabank upped their price objective on shares of Calibre Mining from C$2.75 to C$3.00 in a research note on Monday, August 19th. Cormark increased their target price on shares of Calibre Mining from C$3.00 to C$3.15 in a report on Monday, September 9th. Stifel Nicolaus boosted 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. Finally, Jefferies Financial Group increased their price objective on shares of Calibre Mining from C$2.25 to C$2.75 in a research note on Friday, July 12th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price 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.