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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 Ridgebackon Apr 16, 2024 9:36am
185 Views
Post# 35991262

National Bank Says!

National Bank Says!National Bank Financial on Monday reiterated its sector-perform, speculative risk, rating on the shares of Calibre Mining (CXB.TO) and its C$2.50 price target after the company released assays from its 2023 drill program at the Eastern Borosi mine complex at Nicaragua.

"We're encouraged by the continued lineup of drill results over decent widths, suggesting immediate extension at La Libertad mill on conversion. Overall, we ascribe a neutral bias and look to the Valentine update pending with Q1/24 financials after market May 14," analyst Don DeMarco wrote.

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