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Calibre Mining Corp. (T:CXB)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 413, 595 Burrard Street
Tel: N/A
IR: See website
Key People
Darren Hall
President, Chief Executive Officer, Director
David Splett
Chief Financial Officer, Senior Vice President
Ryan C. King
Senior Vice President - Corporate Development and Investor Relations
Thomas Gallo
Senior Vice President - Growth
Dustin VanDoorselaere
Vice President - Operations
Andy Britton
Vice President and General Manager, Nevada
Jason Jared Gregg
Vice President - Human Capital
Petri Heikki Salopera
Vice President - Sustainability
Kristian Dagsaan
Corporate Secretary
Business Overview
Calibre Mining Corp. is a Canada-based gold mining, mine development and exploration company. The Company 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, the Company also engaged in the exploration and development of several concessions at its 100%-owned Eastern Borosi Gold-Silver Project (EBP). The Company holds a 100% interest in Fiore's Pan Mine, a producing heap leach gold operation. It also owns the adjacent advanced-stage and permitted Gold Rock Project and the past-producing Illipah Gold Project in Nevada, as well as the Golden Eagle project in Washington State, which is an exploration-stage project.
Financial Overview
For the fiscal year ended 31 December 2022, Calibre Mining Corp revenues increased 23% to $403.1M. Net income decreased 26% to $43.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Salaries, wages and benefits increase of 36% to $7M (expense), Corporate administration and other increase from $1.4M to $3.2M (expense).
Employees: 1,206 as of Dec 31, 2021
Reporting Currency: U.S. Dollars
Enterprise value: $476.70M as of Dec 31, 2022
Annual revenue (TTM): $553.30M as of Dec 31, 2022
EBITDA (TTM): $189.67M as of Dec 31, 2022
Net annual income (TTM): $59.50M as of Dec 31, 2022
Free cash flow (TTM): -$67.98M as of Dec 31, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 450,367,294 as of Feb 2, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization