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Bullboard - Stock Discussion Forum Calibre Mining Corp T.CXB

Alternate Symbol(s):  CXBMF

Calibre Mining Corp. is a Canadian mid-tier gold producer. The Company has a pipeline of development and exploration opportunities across Newfoundland and Labrador in Canada, Nevada and Washington in the United States, and Nicaragua. It owns several operational open-pit and underground mines, two milling facilities (the El Limon and La Libertad mines), and a portfolio of exploration and... see more

TSX:CXB - Post Discussion

Calibre Mining Corp > Calibre Mining's Price Target Seems Way Off
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Post by NLMoose on Mar 20, 2024 12:23pm

Calibre Mining's Price Target Seems Way Off

With Calibre Mining plunging 16 cents a share today for no legitimate reason, looks like numerous investment rating companies are way off on its price projections.

While the average price projection for Calibre Mining is $2.25 per share, looks like it will miss a target after experiencing a major plunge for no reason.

Perhaps some explanation for the big plunge is needed.

Comment by edx on Mar 20, 2024 12:30pm
Uh what? In almost every bought deal financing the share price drops to the financing price. 
Comment by Ridgeback on Mar 20, 2024 12:51pm
Moose. Raymond James just raised the target up @ $2.25. We have all had pain for years and the only bright spot recently has been CXB taking control even though we don't like it. It's so hard to build from scratch a mine with V. Lakes potential and the costs to procure equipment and people while not yet in production.  I will be adding on the dips not much and see or hope the ...more  
Comment by whognu1 on Mar 20, 2024 12:36pm
it would help if you read the odd news release before typing..............