Calibre Mining (TSX:CXB) - Stock Price, News & Analysis

CXB Stock Overview

Calibre Mining Corp., together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Nicaragua, the United States, and Canada.

About the company

CXB fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	5/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 46.2% below our estimate of its fair value

Earnings are forecast to grow 14.1% per year

Earnings grew by 96.2% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Shareholders have been substantially diluted in the past year

Significant insider selling over the past 3 months

Calibre Mining Corp. Competitors

OceanaGold

TSX:OGC

CA$2.2b

Sandstorm Gold

TSX:SSL

CA$2.3b

K92 Mining

TSX:KNT

CA$1.9b

Karora Resources

TSX:KRR

CA$982.6m

Price History & Performance

Summary of all time highs, changes and price drops for Calibre Mining
Historical stock prices
Current Share Price	CA$2.13
52 Week High	CA$2.13
52 Week Low	CA$1.16
Beta	2.07
1 Month Change	10.36%
3 Month Change	50.00%
1 Year Change	29.88%
3 Year Change	12.70%
5 Year Change	326.00%
Change since IPO	-78.49%

Recent updates

Calibre Mining (TSE:CXB) Seems To Use Debt Quite Sensibly

Mar 26

Earnings Miss: Calibre Mining Corp. Missed EPS By 12% And Analysts Are Revising Their Forecasts

Feb 24

There's No Escaping Calibre Mining Corp.'s (TSE:CXB) Muted Earnings Despite A 26% Share Price Rise

Feb 18

Shareholder Returns

	CXB	CA Metals and Mining	CA Market
7D	6.5%	2.7%	3.1%
1Y	29.9%	-3.0%	8.8%

Return vs Industry: CXB exceeded the Canadian Metals and Mining industry which returned -3% over the past year.

Return vs Market: CXB exceeded the Canadian Market which returned 8.8% over the past year.

Price Volatility

Is CXB's price volatile compared to industry and market?
CXB volatility
CXB Average Weekly Movement	6.9%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.7%
10% most volatile stocks in CA Market	17.8%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: CXB's share price has been volatile over the past 3 months.

Volatility Over Time: CXB's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1969	n/a	Darren Hall	calibremining.com

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. in June 2007.

Calibre Mining Corp. Fundamentals Summary

How do Calibre Mining's earnings and revenue compare to its market cap?
CXB fundamental statistics
Market cap	CA$1.63b
Earnings (TTM)	CA$116.42m
Revenue (TTM)	CA$769.08m

14.4x

P/E Ratio

2.2x

P/S Ratio

Is CXB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CXB income statement (TTM)
Revenue	US$561.70m
Cost of Revenue	US$314.71m
Gross Profit	US$247.00m
Other Expenses	US$161.97m
Earnings	US$85.03m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 14, 2024

Earnings per share (EPS)	0.11
Gross Margin	43.97%
Net Profit Margin	15.14%
Debt/Equity Ratio	3.6%

How did CXB perform over the long term?

See historical performance and comparison

CXB Stock Overview

Rewards

Risk Analysis

Calibre Mining Corp. Competitors

TSX:OGC

CA$2.2b

TSX:SSL

CA$2.3b

TSX:KNT

CA$1.9b

TSX:KRR

CA$982.6m

Price History & Performance

Recent News & Updates

New minor risk - Insider selling

Price target increased by 10.0% to CA$2.62

Calibre Mining Corp. has completed a Follow-on Equity Offering in the amount of CAD 100.128 million.

Calibre Mining Corp. Announce Drill Results from its 2023 Resource Conversion and Expansion Program at its Eastern Borosi Mine Complex

Calibre Mining Corp. to Report Q1, 2024 Results on May 14, 2024

Investor sentiment improves as stock rises 19%

Recent updates

New minor risk - Insider selling

Price target increased by 10.0% to CA$2.62

Calibre Mining Corp. has completed a Follow-on Equity Offering in the amount of CAD 100.128 million.

Calibre Mining Corp. Announce Drill Results from its 2023 Resource Conversion and Expansion Program at its Eastern Borosi Mine Complex

Calibre Mining Corp. to Report Q1, 2024 Results on May 14, 2024

Investor sentiment improves as stock rises 19%

Calibre Mining Corp. Announces 2024 Exploration Program and Review of the Exploration Potential At the Valentine Gold Mine

Calibre Mining Corp., Annual General Meeting, Jun 12, 2024

Calibre Mining (TSE:CXB) Seems To Use Debt Quite Sensibly

Calibre Mining Corp. has filed a Follow-on Equity Offering in the amount of CAD 100.128 million.

Calibre Mining Corp. has filed a Follow-on Equity Offering in the amount of CAD 100.128 million.

Calibre Mining Corp. Announces Stepped Down of Matthew Manson as Director

Investor sentiment improves as stock rises 17%

Calibre Mining Corp. Announces Drill Results from Its 2023 Exploration and Infill Drill Program At the Volcan Gold Deposit

Company Secretary exercised options and sold CA$116k worth of stock

Price target decreased by 7.5% to CA$2.28

Earnings Miss: Calibre Mining Corp. Missed EPS By 12% And Analysts Are Revising Their Forecasts

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

There's No Escaping Calibre Mining Corp.'s (TSE:CXB) Muted Earnings Despite A 26% Share Price Rise

Calibre's Ore Control Drilling Intersects High-Grade Gold Outside of Reported Mineral Reserves Adding Additional Tonnes At the Valentine Gold Mine, Canada

Calibre Mining Corp. Reports Positive Drill Results One Kilometre Southwest of Valentine Gold Mine Resources

Calibre Mining Corp. Continues to Intercept Bonanza Grade Drill Results Along the Multi-Kilometre Panteon Vtem Gold Corridor At the Limon Mine Complex

Price target increased by 10.0% to CA$2.43

New major risk - Shareholder dilution

Calibre Mining Corp. (TSX:CXB) completed the acquisition of remaining 85.8% stake in Marathon Gold Corporation (TSX:MOZ).

Calibre Mining Corp. to Report Q4, 2023 Results on Feb 20, 2024

Calibre Mining Corp. Provides Consolidated Production and Sales Guidance for the Year 2024

Calibre Mining (TSE:CXB) Seems To Use Debt Quite Sensibly

President recently bought CA$65k worth of stock

New major risk - Revenue and earnings growth

Calibre Mining Corp. (TSX:CXB) entered into a definitive arrangement agreement to acquire Marathon Gold Corporation (TSX:MOZ) for approximately CAD 340 million.

Investor sentiment deteriorates as stock falls 21%

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Calibre Mining Corp. Provides Consolidated Production Guidance for the Full Year 2023

Calibre Intercepts High-Grade Gold Below the Jabali Mine and Resource and Identifies Three Additional Gold Targets All Within 10 Km of the Libertad Mill

New minor risk - Shareholder dilution

Investor sentiment improves as stock rises 20%

President recently bought CA$94k worth of stock

Calibre Mining Corp. Delineates Another New Open Pit Gold Deposit Located 5 Km from the Libertad Mill

Calibre Mining Corp. Announces Results from Its Resource Expansion and Infill Drilling Program At the High-Grade Atravesada Underground Deposit Located Within the Limon Mine Complex

Independent Director recently sold CA$370k worth of stock

Calibre Mining Corp. to Report Q3, 2023 Results on Nov 07, 2023

Here's Why Calibre Mining (TSE:CXB) Can Manage Its Debt Responsibly

Company Secretary exercised options and sold CA$98k worth of stock

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Calibre Mining Corp. Reports Additional Near Surface, Resource Expansion, Drill Results At Its Pan Gold Mine in Nevada

Calibre Mining Corp.'S 2023 Exploration Drill Program Along the Panteon Vtem Corridor Yields Multiple New Exciting High-Grade Discoveries in Untapped Regions; Additional Drilling Intersects 15.64 G/T Gold over 2.5 Metres and 31.30 G/T Gold over 1.4 Metres

Investor sentiment improves as stock rises 18%

Calibre Mining Corp. Provides Production Guidance for the Full Year 2023

Consensus EPS estimates fall by 16%

Calibre Mining Corp. Reports Positive Higher-Grade Near Surface Drilling at its Pan Gold Mine, Nevada

Calibre Mining Corp. to Report Q2, 2023 Results on Aug 09, 2023

Calibre Mining Corp. Commences Ore Deliveries from Eastern Borosi Open Pit Mine to Libertad Mill

Calibre Reports High-Grade Drill Results from its Talavera Deposit Within the Limon Mine Complex; Initial Results Include 15.46 g/t Gold over 6.7 Metres and 10.58 g/t Gold over 7.9 Metres

Company Secretary exercised options and sold CA$68k worth of stock

Calibre Mining Corp. Announces Initial High-Grade Drill Results At Its Eastern Borosi Mine Complex

First quarter 2023 earnings released: EPS: US$0.036 (vs US$0.026 in 1Q 2022)

Price target increased by 7.9% to CA$2.27

Consensus EPS estimates increase by 53%