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Calibre Mining Corp. (T:CXB)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
Company Contact
Address: Suite 1560 - 200 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
Andy Britton
Vice President and General Manager, Nevada
Jason Jared Gregg
Vice President - Human Capital
David Hendriks
Vice President - Nicaragua Operations
Petri Heikki Salopera
Vice President - Sustainability
Kristian Dagsaan
Corporate Secretary
Business Overview
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.
Financial Overview
For the fiscal year ended 31 December 2023, Calibre Mining Corp revenues increased 37% to $561.7M. Net income increased 96% to $85M. Revenues reflect Nicaragua segment increase of 47% to $481.3M, United States segment increase of 6% to $80.4M. Net income benefited from Other corporate expenses decrease of 28% to $3.5M (expense), Interest income increase from $811K to $1.8M (income).
Employees: 1,241 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $983.63M as of Dec 31, 2023
Annual revenue (TTM): $762.57M as of Dec 31, 2023
EBITDA (TTM): $305.75M as of Dec 31, 2023
Net annual income (TTM): $115.43M as of Dec 31, 2023
Free cash flow (TTM): $58.63M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 717,172,857 as of Jan 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization