Cormark Has Weak Forecast for Calibre Mining FY2026 Earnings

Calibre Mining Corp. (TSE:CXB) – Analysts at Cormark lowered their FY2026 earnings per share estimates for shares of Calibre Mining in a note issued to investors on Tuesday, April 15th. Cormark analyst N. Dion now forecasts that the company will post earnings of $0.34 per share for the year, down from their prior forecast of $0.37. The consensus estimate for Calibre Mining’s current full-year earnings is $0.39 per share.

Several other research analysts have also recently weighed in on CXB. Raymond James upped their price target on shares of Calibre Mining from C$3.25 to C$4.00 in a report on Friday, April 4th. National Bankshares boosted their price objective on shares of Calibre Mining from C$3.40 to C$4.00 and gave the stock an “outperform” rating in a report on Tuesday, February 11th. Ventum Financial set a C$3.30 price target on shares of Calibre Mining and gave the company a “buy” rating in a research report on Thursday, January 30th. Ventum Cap Mkts upgraded shares of Calibre Mining to a “strong-buy” rating in a report on Friday, January 17th. Finally, Jefferies Financial Group increased their price target on shares of Calibre Mining from C$3.00 to C$3.50 in a research note on Friday, April 4th. Six research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$3.56.

Calibre Mining Trading Up 3.8 %

Shares of Calibre Mining stock opened at C$3.29 on Wednesday. The company’s 50-day moving average price is C$3.00 and its 200-day moving average price is C$2.63. The company has a market cap of C$1.98 billion, a price-to-earnings ratio of 61.53 and a beta of 2.08. Calibre Mining has a 12-month low of C$1.73 and a 12-month high of C$3.34. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 38.70.

About Calibre Mining

Calibre Mining Corp is a multi-asset gold producer with a portfolio of exploration and development opportunities in Nicaragua. Its project includes Pavon Gold Project, Borosi Gold Project, IamGold and Santa Rita. The company has only one revenue stream, being the sale of refined gold from its operations in Nicaragua.