Sunday, December 1, 2024

Calibre Mining Non-GAAP EPS of $0.02, revenue of $137.33M; reaffirms FY24 guidance

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  • Calibre Mining press release (OTCQX:CXBMF): Q2 Non-GAAP EPS of $0.02.
  • Revenue of $137.33M (-1.4% Y/Y).
  • Consolidated production is expected to be weighted to the second half of 2024 with Q4 2024 anticipated to be the strongest quarter of the year while TCC and AISC are forecasted to be lower.
  • “With the recent approvals for the Volcan open pit and subsequent ore deliveries into the Libertad mill we, as planned, expect a stronger H2 and remain on track to deliver into our 2024 gold production guidance of 275,000 – 300,000 ounces.”
  • 2024 GUIDANCE

    CONSOLIDATED NICARAGUA NEVADA
    Gold Production/Sales (ounces) 275,000 – 300,000 235,000 – 255,000 40,000 – 45,000
    TCC ($/ounce)1 $1,075 – $1,175 $1,000 – $1,100 $1,400 – $1,500
    AISC ($/ounce)1 $1,275 – $1,375 $1,175 – $1,275 $1,650 – $1,750
    Growth Capital ($ million)* $45 – $55
    Updated Exploration Capital ($ million) $40 – $45

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