CXB Calibre Mining Corp. Loading... : Investor Sentiment and Bull/Bear Views

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16:49
Mar 16
Ryan King EVP of Capital Markets at Equinox Gold The David Lin Report
Merger creates undervalued gold producer.
The all-stock Calibre/Equinox merger combines complementary Canadian cornerstone assets—Equinox's Greenstone and Calibre's Valentine—to create a roughly 600koz/yr Canadian gold producer, the second largest in Canada. The pro forma company is expected to produce about 950koz this year toward 1.2Moz, with about $450M cash and $1.4B debt that can be rapidly deleveraged at $1.5-$1.9B EBITDA; it trades at the bottom quartile of price-to-NAV versus peers, offering an attractive entry point and re-rating opportunity as assets ramp and teams integrate.
CXB 1ST
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About CXB Investor Commentary

Across the available history and selected sources, Buzzberg tracks CXB (Calibre Mining Corp.) across 1 sources: 1 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Ryan King.