Raymond James Analysts Raise Earnings Estimates for Calibre Mining Corp. (TSE:CXB)
Calibre Mining Corp. (TSE:CXB) – Equities research analysts at Raymond James increased their FY2021 EPS estimates for Calibre Mining in a research note issued to investors on Wednesday, June 24th. Raymond James analyst F. Hamed now forecasts that the company will post earnings per share of $0.47 for the year, up from their previous forecast of $0.46. Raymond James also issued estimates for Calibre Mining’s FY2023 earnings at $0.46 EPS.
Separately, Roth Capital restated a “buy” rating on shares of Calibre Mining in a report on Wednesday, May 13th.
Calibre Mining (TSE:CXB) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.06 by C($0.01). The business had revenue of C$79.69 million during the quarter.
About Calibre Mining
Calibre Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties in Nicaragua. It explores for gold, silver, and copper deposits. The company holds a 100% interest in the Borosi Gold-Silver-Copper Project located in the North Atlantic Autonomous Region of Nicaragua, Central America; and 100% interest in mineral concessions covering an area of 667 square kilometers in the mining triangle of northeast Nicaragua, including the Primavera Gold-Copper Porphyry Project, Cerro Aeropuerto Project, and Santa Maria Gold-Silver Project.
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