The Globe and Mail reports in its Wednesday, Sept. 11, edition that Stifel analyst Ingrid Rico has reaffirmed her "buy" recommendation for Calibre Mining. The Globe's David Leeder writes that Ms. Rico gave her share target a 50-cent boost to $3. Analysts on average target the shares at $3.01. Ms. Rico says in a note: "Last week, we had the opportunity to attend a site tour that showcased Calibre's Valentine project. A key value driver that will take Calibre to become a 500koz producer. We came away with a better appreciation of the remaining construction activities with development substantially derisked, and we gained comfort on an achievable Q2 2025 start-up. As we looked ahead to the operational expectations, we focused on the ore control drilling as a layer of reassurance on the reserve block model, and have gained confidence to reduce the discount factor we've been applying to the grade profile. Additionally, upside levers to production profile, reserve growth and mine life extensions became more evident in our conversations with the team. [Our upgraded share target] reflects an increase to NAVPS, along with an increase to our target P/NAV multiple as derisking of Valentine continues to drive the rerate."