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

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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).
TSX:CXB Earnings and Revenue Growth May 10th 2023

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...

Valuation is complex, but we're here to simplify it.

Discover if Calibre Mining might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.