Marco Dacosta Galego Sells 184,920 Shares of Calibre Mining Corp. (TSE:CXB) Stock

Calibre Mining Corp. (TSE:CXB) Senior Officer Marco Dacosta Galego sold 184,920 shares of Calibre Mining stock in a transaction on Friday, September 20th. The shares were sold at an average price of C$2.77, for a total value 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 shares were sold at an average price of C$2.41, for a total value of C$6,736.41.

Calibre Mining Stock Down 1.1 %

Shares of TSE CXB opened at C$2.65 on Monday. Calibre Mining Corp. has a 52-week low of C$1.16 and a 52-week high of C$2.81. The business has a 50-day moving average price of C$2.27 and a 200 day moving average price of C$2.05. The company has a quick ratio of 0.97, a current ratio of 2.33 and a debt-to-equity ratio of 39.77. The stock has a market cap of C$2.09 billion, a PE ratio of 18.93 and a beta of 2.07.

Calibre Mining (TSE:CXB) last posted its quarterly earnings data on Monday, August 12th. The company reported C$0.04 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.04. The company 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%. Equities research analysts forecast that Calibre Mining Corp. will post 0.3934192 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Canaccord Genuity Group upped their price objective on Calibre Mining from C$3.75 to C$4.00 in a research report on Tuesday, July 23rd. Stifel Nicolaus upped their price objective on Calibre Mining from C$2.50 to C$3.00 and gave the stock a “buy” rating in a research report on Tuesday, September 10th. Jefferies Financial Group upped their price objective on Calibre Mining from C$2.25 to C$2.75 in a research report on Friday, July 12th. Scotiabank upped their price objective on Calibre Mining from C$2.75 to C$3.00 in a research report on Monday, August 19th. Finally, Raymond James upped their target price on Calibre Mining from C$2.50 to C$3.00 in a research report on Friday, September 6th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$2.90.

Calibre Mining Company Profile

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.