(CXB) Calibre Mining - Ratings and Ratios

Calibre Mining Corp is a gold exploration and mining company with a diversified portfolio of assets in Nicaragua, Canada, and the United States. The companys primary focus is on exploring and developing gold and silver deposits, with a 100% interest in several key properties, including the Limon Mine & Mill, Libertad Mine & Mill, and Pan Gold mine in Nicaragua, as well as the Valentine Gold mine in Newfoundland, Canada, and the Gold Rock project in Nevada, USA.

With a strong presence in the gold industry, Calibre Mining Corp has established itself as a significant player in the sector, boasting a market capitalization of CAD 2836.27M. The companys shares are listed on the Toronto Stock Exchange under the ticker symbol CXB, providing investors with a liquid and accessible way to participate in the companys growth.

Analyzing the companys technical data, we observe that the stock is currently trading at $3.13, with a 20-day SMA of $3.21 and a 50-day SMA of $3.13, indicating a potential consolidation phase. The 200-day SMA of $2.72 provides a level of support, while the ATR of 0.13 (4.12%) suggests moderate volatility. Given the current price action and the fact that the stock is trading above its 200-day SMA, we can expect a potential breakout in the near future.

From a fundamental perspective, Calibre Mining Corps P/E ratio of 33.10 and forward P/E of 9.55 suggest that the company is expected to experience significant earnings growth in the coming periods. The companys RoE of 6.36% indicates a relatively stable return on equity. Using a combination of technical and fundamental analysis, we can forecast that Calibre Mining Corps stock price is likely to reach $3.50 in the next 6-12 months, driven by the companys continued exploration and development success, as well as potential increases in gold prices.

Our forecast is based on the assumption that Calibre Mining Corp will continue to execute on its development plans, including the advancement of its key projects in Nicaragua and Canada. With a strong track record of exploration and development success, the company is well-positioned to create value for shareholders in the coming periods.