Calibre Mining Corp. (TSE:CXB) Senior Officer Sells C$512,228.40 in Stock

Calibre Mining Corp. (TSE:CXB) Senior Officer Marco Dacosta Galego sold 184,920 shares of the company’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of C$2.77, for a total transaction of C$512,228.40.

Marco Dacosta Galego also recently made the following trade(s):

• On Friday, September 13th, Marco Dacosta Galego sold 2,801 shares of Calibre Mining stock. The stock was sold at an average price of C$2.41, for a total transaction of C$6,736.41.

Calibre Mining Stock Down 1.1 %

CXB stock opened at C$2.65 on Friday. Calibre Mining Corp. has a 52 week low of C$1.16 and a 52 week high of C$2.81. The company has a current ratio of 2.33, a quick ratio of 0.97 and a debt-to-equity ratio of 39.77. The company has a market cap of C$2.09 billion, a P/E ratio of 18.93 and a beta of 2.07. The company’s 50-day moving average price is C$2.27 and its 200 day moving average price is C$2.05.

Calibre Mining (TSE:CXB) last issued its quarterly earnings data on Monday, August 12th. The company reported C$0.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of C$0.04. The firm had revenue of C$187.89 million during the quarter. Calibre Mining had a return on equity of 7.54% and a net margin of 9.30%. On average, research analysts expect that Calibre Mining Corp. will post 0.3934192 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Canaccord Genuity Group boosted their price target on Calibre Mining from C$3.75 to C$4.00 in a research report on Tuesday, July 23rd. Stifel Nicolaus upped their price target on Calibre Mining from C$2.50 to C$3.00 and gave the stock a “buy” rating in a research note on Tuesday, September 10th. Scotiabank boosted their price objective on shares of Calibre Mining from C$2.75 to C$3.00 in a research note on Monday, August 19th. Jefferies Financial Group lifted their target price on shares of Calibre Mining from C$2.25 to C$2.75 in a report on Friday, July 12th. Finally, Cormark increased their price target on shares of Calibre Mining from C$3.00 to C$3.15 in a report on Monday, September 9th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of C$2.90.

About Calibre Mining

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.