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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
Gilbert J.F. Lawson
Chief Operating Officer - Canadian Operations
Daniella Dimitrov
Chief Financial Officer, Senior Vice President
Ryan C. King
Senior Vice President - Corporate Development and Investor Relations
Thomas Gallo
Senior Vice President - Growth
Jason Jared Gregg
Senior Vice President - Human Capital
David Hendriks
Senior Vice President - Nicaragua Operations
Petri Heikki Salopera
Senior Vice President - Sustainability
Jason Cyr
Vice President - Operations Canada
Kevin Riley
Vice President - Nevada Operations
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 three months ended 31 March 2024, Calibre Mining Corp revenues increased 4% to $131.9M. Net loss totaled $3.6M vs. income of $16.4M. Revenues reflect Nicaragua segment increase of 10% to $117.7M. Net loss reflects Transaction costs increase from $82K to $8.9M (expense), Other expenses increase from $455K to $2.6M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from $0.04 to -$0.01.
Employees: 1,322 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $1,576M as of Mar 31, 2024
Annual revenue (TTM): $778.16M as of Mar 31, 2024
EBITDA (TTM): $302.90M as of Mar 31, 2024
Net annual income (TTM): $89.23M as of Mar 31, 2024
Free cash flow (TTM): -$0.18M as of Mar 31, 2024
Net Debt Last Fiscal Year: $411.01M as of Mar 31, 2024
Shares outstanding: 787,718,664 as of Jun 26, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization