Calibre Mining (TSE:CXB – Free Report) had its target price trimmed by TD Securities from C$3.75 to C$3.50 in a research report sent to investors on Monday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.
CXB has been the topic of several other research reports. Jefferies Financial Group boosted their target price on shares of Calibre Mining from C$2.75 to C$3.50 in a research note on Friday, October 4th. 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. Raymond James boosted their target price on Calibre Mining from C$2.50 to C$3.00 in a report on Friday, September 6th. Cormark raised their price target on Calibre Mining from C$3.00 to C$3.15 in a report on Monday, September 9th. Finally, National Bank Financial raised shares of Calibre Mining from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 9th. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$3.32.
Calibre Mining Trading Up 0.8 %
Calibre Mining (TSE:CXB – Get Free Report) last posted its earnings results on Monday, August 12th. The company reported C$0.04 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.04. Calibre Mining had a net margin of 9.30% and a return on equity of 7.54%. The business had revenue of C$187.89 million for the quarter. As a group, research analysts predict that Calibre Mining will post 0.3914328 earnings per share for the current year.
Insider Activity at Calibre Mining
In related news, Senior Officer Kristian Dagsaan sold 30,000 shares of the company’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of C$2.67, for a total transaction of C$80,103.00. In other Calibre Mining news, Senior Officer Kristian Dagsaan sold 30,000 shares of the firm’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of C$2.67, for a total transaction of C$80,103.00. Also, 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 the last quarter, insiders have bought 14,050 shares of company stock valued at $29,074 and have sold 232,721 shares valued at $637,453. 6.32% of the stock is owned by insiders.
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.
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