Calibre Mining Corp T.CXB

Trailing P/E of 5 for Calibre Mining

[Tad]

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 !

.

[staz]

Interesting information, thanks. But doesn't it look concerning that the net income is falling Q over Q over Q, from almost $33M down to around $12M. Maybe that's what explains the drop in sp despite the very good drilling results?

[Tad]

staz, Agreed.  There have been comments by mg't over the past two or three quartely conference calls about the impact of mining sequencing in the first half of 2021. Development to access Panteon will start showing results in Q3, and ramp up of Pavon (along  with usual production from Limon and La Libertad) should contribute to higher bottom line numbers in Q3 and Q4. Mg't has

[goldstd69]

luv this company but I am always cautious regarding third world countries...too many suprises too often.. nevertheless, I am a shareholder and buying on corrections....