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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

Comment by edxon Mar 20, 2024 12:30pm
86 Views
Post# 35943037

RE:Calibre Mining's Price Target Seems Way Off

RE:Calibre Mining's Price Target Seems Way Off
NLMoose wrote:

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.



Uh what?

In almost every bought deal financing the share price drops to the financing price. 
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