RE:RE:jan 12, 2021"...either Calibre has huge internal issues or the market has it priced wrong...."
The market has it wrong.
2023 Gudiance of 250,000 to 275,000 ounces a significant increase over 2022
Looking very good with increase in Q4 production.
Consolidated Q4 gold production of 61,294 ounces annualizes to 245,176 ounces. Factor in rate of production increase, 2023 guidance of 250,000 to 275,000 ounces looks very probable..
Low AISC of $1,175 to 1,275
Insider Buying
https://stockhouse.com/companies/bullboard/t.cxb/calibre-mining-corp?postid=35201609
https://stockhouse.com/companies/bullboard/t.cxb/calibre-mining-corp?postid=35210441
Ratios
GXE is entering 2023 as the best performing Canadian gold miner.
GXE is the 5th most profitable at 11.15% gold miner out of 42 Canadian gold miners I keep a spread sheet on.
While they are the 5th most profitable they are at the top with more profit going to shareholders than any other miner.
With the lowest d/e ratio of 0.03 of all the miners profit is going to shareholder equtiy and not debt holders.
With a eps to share price ($0.16/$0.90) 0.17 ratio that translated into a p/e of 5.6. It is the second lowest of the 42 gold miners.
It has the lowest p/b of just 0.63 of the 42 miners and p/cf of just 2.6.
In addition, CXB is expanding production and is hitting high grade intercepts. CXB is operating one of the highest grade, low cost mines in the world.