Calibre Mining First Quarter 2023 Earnings: EPS: US$0.036 (vs US$0.026 in 1Q 2022)

Calibre Mining (TSE:CXB) First Quarter 2023 Results

Key Financial Results

• Revenue: US$126.9m (up 28% from 1Q 2022).
• Net income: US$16.4m (up 40% from 1Q 2022).
• Profit margin: 13% (up from 12% in 1Q 2022). The increase in margin was driven by higher revenue.
• EPS: US$0.036 (up from US$0.026 in 1Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Calibre Mining Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are up 1.2% from a week ago.

Risk Analysis

Be aware that Calibre Mining is showing 2 warning signs in our investment analysis and 1 of those is a bit concerning...

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