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TSX flat as tech pressures marketsMost Anticipated Earnings: NTR-T, ONEX-T and more Canadian Companies Reporting Earnings this Week (Feb 17-21)TSX climbs on MLK DayThis summary was created by AI, based on 1 opinions in the last 12 months.
Calibre Mining Corp. (CXB-X) is currently garnering attention among traders due to its potential for short-term profit, although opinions on the company's overall direction remain mixed. Some experts express optimism about the stock's performance in the near term, suggesting it could be a viable option for those looking to capitalize on fluctuations in the market. However, there is uncertainty regarding the company's long-term prospects, which leaves investors cautious. As a result, Calibre Mining may appeal more to speculative traders rather than those seeking solid long-term investments. Prospective investors are advised to closely monitor market trends and updates before taking any positions in this stock.
They've grown by acquisition reasonably well. They bought 14% of Marathon which is building a mine in Newfoundland and which could be successful. Could CXB and Marathon merge and build a mine? Depends, because he hasn't seen CXB build a mine, but buy them.
Merger with MOZ. Could argue that merger reduces risk, improves capitalization, diversifies outside Canada.
Done well, but he decided to upgrade his portfolio for higher beta. He now looks for larger, higher-quality names, and fewer developing names. Should see more acquisitions by this name. Not a shareholder, but no criticisms.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenues have quickly grown over the past couple years and profit margins are strong. The company is in a good cash balance. Liquidity is also good, with positive free cash flow. Valuation remains attractive with 1x forward sales. Sales should grow by 14%. However, the company has missed most earnings expectations. A good valuation but there is risk. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There are some risks but the valuation is good. Fundamentals look good though growth is moderate. Missed most earnings expectations in the past. The balance sheet is healthy and has a $72,9M cash balance with no debt. Unlock Premium - Try 5i Free
They purchased the assets from B2 Gold last year. Some of the management is from B2 Gold. They did a strategic alliance with Rio Tinto.
He is attracted to their exploration ground and their joint venture. They have worked well.
Calibre Mining Corp. is a Canadian stock, trading under the symbol CXB-X on the TSX Venture Exchange (CXB-CV). It is usually referred to as TSXV:CXB or CXB-X
In the last year, 1 stock analyst published opinions about CXB-X. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Calibre Mining Corp..
Calibre Mining Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Calibre Mining Corp..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Calibre Mining Corp. In the last year. It is a trending stock that is worth watching.
On 2019-10-18, Calibre Mining Corp. (CXB-X) stock closed at a price of $0.58.
Does not own shares, but could be a good option for short term traders. Unsure on direction of company.