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Calibre Mining
(TSX:CXB)
Calibre Mining (CXB) vs. S&P 500 (SPY)
Calibre Mining Business Overview & Revenue Model
Calibre Mining Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 585.86M | 561.70M | 403.07M | 328.13M | 242.75M | Gross Profit |
| 152.50M | 170.40M | 103.60M | 104.25M | 109.61M | EBIT |
| 84.03M | 135.77M | 79.88M | 91.90M | 86.65M | EBITDA |
| 180.26M | 211.85M | 165.67M | 131.15M | 137.70M | Net Income Common Stockholders |
| 34.74M | 85.03M | 43.34M | 58.20M | 63.41M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 131.09M | 86.16M | 56.49M | 78.45M | 53.17M | Total Assets |
| 1.77B | 819.57M | 664.26M | 437.53M | 351.18M | Total Debt |
| 378.42M | 11.14M | 13.08M | 43.00K | 150.00K | Net Debt |
| 247.33M | -75.02M | -43.41M | -78.41M | -53.02M | Total Liabilities |
| 811.75M | 262.36M | 213.51M | 148.08M | 121.03M | Stockholders Equity |
| 959.39M | 557.21M | 450.74M | 289.45M | 230.15M |
| Cash Flow | Free Cash Flow | |||
| -228.32M | 43.19M | -49.52M | 18.73M | 34.71M | Operating Cash Flow |
| 181.05M | 201.11M | 96.66M | 105.60M | 81.26M | Investing Cash Flow |
| -400.55M | -187.06M | -133.72M | -83.39M | -46.36M | Financing Cash Flow |
| 265.29M | 15.56M | 15.12M | 3.03M | -14.48M |
Calibre Mining Technical Analysis
Calibre Mining Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $5.81B | 5.00 | 29.57% | ― | 71.21% | 667.30% | |
79 Outperform | C$5.33B | 13.33 | 8.12% | ― | 33.06% | 177.69% | |
78 Outperform | C$2.54B | 18.74 | 27.15% | ― | 67.54% | ― | |
70 Outperform | $6.09B | 273.33 | 1.33% | 0.79% | 6.02% | ― | |
67 Neutral | C$2.79B | 55.90 | 4.55% | ― | 6.13% | -76.71% | |
66 Neutral | $5.90B | ― | -18.54% | 4.53% | -0.18% | -2195.85% | |
49 Neutral | $1.95B | -1.49 | -20.76% | 3.74% | 1.00% | -28.87% |
Calibre Mining Earnings Call Summary
Calibre Mining Corporate Events
Calibre Mining Corp. has received recommendations from leading proxy advisory firms ISS and Glass Lewis for its securityholders to vote in favor of a proposed business combination with Equinox Gold Corp. The updated recommendation from Glass Lewis follows amended merger terms that align with market expectations, providing greater downside protection while maintaining long-term potential. This endorsement is significant for Calibre as it seeks to strengthen its market position and enhance value for stakeholders through the merger.
Spark’s Take on TSE:CXB Stock
According to Spark, TipRanks’ AI Analyst, TSE:CXB is a Neutral.
Calibre Mining’s overall score reflects a mix of strengths and challenges. The company benefits from consistent revenue growth, strong technical indicators, and positive strategic corporate actions like the merger with Equinox Gold. However, high valuation metrics and cash flow challenges temper the positive outlook. Investors should consider these factors when evaluating the stock’s potential.
To see Spark’s full report on TSE:CXB stock, click here.
Equinox Gold Corp. and Calibre Mining Corp. have amended their arrangement agreement for a proposed business combination, with Calibre shareholders set to receive 0.35 Equinox Gold shares for each Calibre share, representing a 10% premium. This merger aims to create a major gold producer capable of producing over 1.2 million ounces of gold annually, positioning the combined entity as the second-largest gold producer in Canada and among the top 15 globally.
Spark’s Take on TSE:CXB Stock
According to Spark, TipRanks’ AI Analyst, TSE:CXB is a Outperform.
Calibre Mining receives a strong overall score driven by consistent revenue growth, robust technical indicators, and positive earnings call outcomes. The strategic merger with Equinox Gold further enhances its growth prospects. However, high valuation metrics and cash flow challenges are key risks that temper the positive outlook.
To see Spark’s full report on TSE:CXB stock, click here.
Calibre Mining Corp. has announced a proposed business combination with Equinox Gold Corp., which has received a recommendation from Institutional Shareholder Services Inc. (ISS) for securityholders to vote in favor. The merger is expected to deliver strategic benefits such as increased scale, diversification, and synergies, along with strong production growth and potential market re-rating. The combined company aims to become the second largest gold producer in Canada and a major player in the Americas, with significant free cash flow and growth potential.
Spark’s Take on TSE:CXB Stock
According to Spark, TipRanks’ AI Analyst, TSE:CXB is a Outperform.
Calibre Mining’s strong technical indicators and strategic corporate actions, such as the merger with Equinox Gold, are significant positives. However, challenges remain with high valuation metrics and free cash flow deficits. The stock shows potential for growth, but investors should be cautious of its current high valuation.
To see Spark’s full report on TSE:CXB stock, click here.
Calibre Mining Corp. reported a record first-quarter production of 71,539 ounces of gold in Q1 2025, with significant contributions from its operations in Nicaragua and Nevada. The company also provided an update on the Valentine Gold Mine in Canada, which is expected to begin ore processing in early Q3 2025. Additionally, Calibre announced a merger with Equinox Gold, aiming to form a leading Americas-focused gold producer. This merger is set to create a diversified portfolio of operating mines, enhance production capacity, and strengthen the company’s market position, potentially making it Canada’s second-largest gold producer.
Spark’s Take on TSE:CXB Stock
According to Spark, TipRanks’ AI Analyst, TSE:CXB is a Outperform.
Calibre Mining’s stock is rated positively due to strong production growth, strategic initiatives like the Equinox Gold merger, and robust technical indicators. Challenges in cash flow and high valuation are notable risks, but the company’s strategic positioning and growth prospects provide a strong outlook.
To see Spark’s full report on TSE:CXB stock, click here.
Calibre Mining Corp. has announced the receipt of an interim order from the Supreme Court of British Columbia, allowing it to proceed with a special meeting of securityholders regarding its business combination with Equinox Gold Corp. This merger aims to create a major diversified gold producer in the Americas, with the potential for over 1.2 million ounces of annual gold production. The combined entity is expected to become the second-largest gold producer in Canada, benefiting from substantial free cash flow and an exceptional growth profile. The arrangement is anticipated to close by the end of Q2 2025, subject to necessary approvals.
Calibre Mining Corp. has successfully closed a US$75 million private placement of unsecured convertible notes, which bear an interest rate of 5.5% per annum. This financial move is expected to bolster Calibre’s operational capabilities and support its growth strategy, enhancing its position in the gold production industry and potentially benefiting its stakeholders.
Equinox Gold Corp. and Calibre Mining Corp. have announced a definitive agreement to merge, creating a major gold producer focused on the Americas. The new entity, New Equinox Gold, will become the second largest gold producer in Canada, with significant production capacity and a strong pipeline of development projects, positioning it for sustainable growth and increased shareholder value.
Calibre Mining Corp. reported record gold production for Q4 and FY 2024, surpassing revised annual production guidance. The company is set for a transformative 2025 with the Valentine Gold Mine expected to commence gold production in Q2, bolstered by strong exploration results and strategic preparations. The progress at Valentine, along with high-grade discoveries in Nicaragua, positions Calibre for continued growth and diversification, enhancing shareholder value.
Calibre Mining has announced significant gold mineralization discoveries at the Frank Zone, part of their Valentine Gold Mine project in Newfoundland & Labrador, Canada. The new drilling results reveal broad zones of high-grade gold mineralization at surface, suggesting potential for a new open pit and enhancing the project’s prospects. With mineralization now traced over a kilometer along strike and 500 meters deep, the findings highlight the area’s untapped potential, positioning Calibre to achieve its target of becoming a mid-tier gold producer with annual production of 450,000 to 500,000 ounces.
Calibre Mining, operating in the gold mining industry, has reported significant results from its ore control drilling at the Leprechaun open pit within the Valentine Gold Mine in Newfoundland and Labrador, Canada. The drilling, covering 21,500 meters, has revealed 30% more contained gold compared to the 2022 Mineral Reserve model, with a 29% increase in ore tonnes and a 1% higher grade. This development enhances the confidence in the resource estimates, potentially leading to increased metal production and extended mine life, with Valentine construction progressing well and first gold production expected in Q2 2025.