Calibre Mining (TSE:CXB – Get Free Report) had its price target lowered by analysts at National Bankshares from C$4.00 to C$3.60 in a report released on Wednesday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ target price would indicate a potential upside of 39.00% from the stock’s previous close.
Several other brokerages also recently weighed in on CXB. Canaccord Genuity Group lifted their target price on Calibre Mining from C$3.75 to C$4.00 in a research note on Tuesday, July 23rd. Scotiabank raised their price target on Calibre Mining from C$2.75 to C$3.00 in a research report on Monday, August 19th. Stifel Nicolaus reduced their target price on Calibre Mining from C$5.00 to C$4.40 in a research report on Monday. TD Securities cut their price objective on Calibre Mining from C$3.75 to C$3.50 and set a “buy” rating on the stock in a report on Monday. Finally, Jefferies Financial Group upped their price target on Calibre Mining from C$2.75 to C$3.50 in a report on Friday, October 4th. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$3.32.
Check Out Our Latest Research Report on Calibre Mining
Calibre Mining Price Performance
Calibre Mining (TSE:CXB – Get Free Report) last posted its earnings results on Monday, August 12th. The company reported C$0.04 EPS 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 firm had revenue of C$187.89 million for the quarter. As a group, equities research analysts forecast that Calibre Mining will post 0.3914328 EPS for the current fiscal year.
Insider Transactions at Calibre Mining
In related news, Senior Officer Kevin James Riley sold 15,000 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of C$2.56, for a total transaction of C$38,385.00. In related news, Senior Officer Marco Dacosta Galego sold 184,920 shares of the stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of C$2.77, for a total value of C$512,228.40. Also, Senior Officer Kevin James Riley sold 15,000 shares of Calibre Mining stock in a transaction 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. In the last ninety days, insiders have purchased 14,050 shares of company stock worth $29,074 and have sold 232,721 shares worth $637,453. Insiders own 6.32% of the company’s stock.
About Calibre Mining
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.
Recommended Stories
- Five stocks we like better than Calibre Mining
- Business Services Stocks Investing
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- What Makes a Stock a Good Dividend Stock?
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- Investing In Automotive Stocks
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Calibre Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calibre Mining and related companies with MarketBeat.com's FREE daily email newsletter.