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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