RE:RE:WTF?
Calibre share price reacted to the Isreal/Hamas war. The price has climbed from a low of about $1.22 over the last 10 trading sessions to $1.47 currently.
In the very short term on Wednesday when there was rise in the gold price there was a pull back on low volume. Maybe someone was taking advantage of a strong market into which to dump shares without depressing the share price to much.
When compared to the gold chart and macro events it looks like Calibre's share price volitility is a mix of micro and marco conditions. But which has been the biggest influence.
https://stockcharts.com/h-sc/ui?s=CXB.TO
Since a low of $0.52 last November the share price has followed the gold price up. It has an increased 183% while gold has increased 21.8 % from a low of $1624 to $1978 now.
So Calibre is outperforming gold by a good percentage indicating that Calibre's performance is the biggest influence on its share price appreciation.
https://stockcharts.com/freecharts/gallery.html?CXB.TO
https://tradingeconomics.com/commodity/gold
The charts confirm Calibre's is firing on all cylinders and corporate guidance indicates that will continue making Calibre a buy.