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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 development opportunities in Nicaragua, Central America. In addition to its mining operations in Nicaragua, it also engaged in the exploration and development of several concessions at its 100%-owned Eastern Borosi Gold-Silver Project (EBP), which includes the Eastern Borosi Mines (EBM). It holds a 100% interest in Fiore’s Pan Mine, a producing heap leach gold operation. It owns the adjacent advanced-stage Gold Rock Project and, the past producing Illipah Gold Project in Nevada, as well as the Golden Eagle project. It also owns the advanced-stage Valentine Gold Project in Newfoundland and Labrador.


TSX:CXB - Post by User

Post by Tadon Aug 13, 2021 5:39pm
220 Views
Post# 33704903

Trailing P/E of 5 for Calibre Mining

Trailing P/E of 5 for Calibre Mining
Crazy cheap price, considering the company is expanding their reserves and resources, and increasing production as it works towards filling the mill at La Libertad . 


On Page 4 of Calibre Mining's most recent Corporate Presentation there is a comparative chart showing Calibre's Enterprise Value with a number of CXB's peer  group.

https://calibremining.com/site/assets/files/6766/2021_08_10_corp_presentation_final.pdf

Calibre Mining is very cheap in comparison. 




And looks even better considering the company's trailing Price to Earnings ratio: 

Link from Calibre Mining's website : 

https://icrm.indigotools.com/ir-b/IAC/?Ticker=CXBMF&Exchange=OTHEROTC#


Q3 2020 Net Income : US$32,930,000
Q4 2020 Net Income:  US$23,255,000
Q1 2021 Net Income:  US$16,645,000
Q2 2021 Net Income:  US$11,885,000
Total                             US$84,715,000



US$84,715,000 net income / 337,163,000 shares O/S = US$0.25 per share earnings

US$0.25 X $1.25 exchange rate = C$0.3125 / share 

August 13, 2021 : Closing Price : C$1.54 

C$1.54 / C$0.3125 = 4.928 P/E ratio


Sooner than later, the market is going to wake up  ...  in the meantime, just keep accumulating.

;-) 


GLTA !

.

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