The latest update is out from Calibre Mining ( (TSE:CXB) ).
Calibre Mining Corp. has successfully closed a US$75 million private placement of unsecured convertible notes, which bear an interest rate of 5.5% per annum. This financial move is expected to bolster Calibre’s operational capabilities and support its growth strategy, enhancing its position in the gold production industry and potentially benefiting its stakeholders.
More about Calibre Mining
Calibre Mining Corp. is a Canadian-listed, mid-tier gold producer focused on the Americas, with operations and exploration projects in Newfoundland & Labrador, Nevada, Washington, and Nicaragua. The company aims to deliver sustainable value to shareholders and stakeholders through responsible operations and disciplined growth, supported by a strong balance sheet and a proven management team.
YTD Price Performance: 27.80%
Average Trading Volume: 2,387,263
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$2.43B
Find detailed analytics on CXB stock on TipRanks’ Stock Analysis page.