Calibre Mining Q2 Earnings Highlights: Record Gold Sales, 133% Increase In EPS And Strong Cash Position
Portfolio Pulse from AJ Fabino
Calibre Mining Corp (OTC:CXBMF) reported Q2 earnings with record gold sales of 69,009 ounces, generating a revenue of $139.3 million. The company's adjusted net income was a record $33.6 million, a 133% increase YoY. Free cash flow was $15.9 million, and cash reserve increased by 32% to $77.0 million. The company is on track to meet its 2023 guidance, with plans to continue investments in exploration programs.
August 09, 2023 | 10:45 pm
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Calibre Mining Corp reported strong Q2 earnings with record gold sales and a significant increase in net income. The company's strong financial position and positive outlook may positively impact its stock price.
Calibre Mining Corp's Q2 earnings report shows strong financial performance with record gold sales and a significant increase in net income. This, along with the company's positive outlook and plans for continued investment in exploration programs, indicates a strong potential for growth, which may positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100