Caledonia Mining Q2 EPS $0.50 Up From $0.10 YoY, Sales $50.11M Up From $37.03M YoY
Portfolio Pulse from Benzinga Newsdesk
Caledonia Mining (AMEX:CMCL) reported a significant increase in its Q2 earnings per share (EPS) and sales. The EPS rose to $0.50 from $0.10 year-over-year, marking a 400% increase. Sales also saw a substantial rise, reaching $50.11 million, up 35.31% from $37.03 million in the same period last year.
August 12, 2024 | 6:09 am
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Caledonia Mining (AMEX:CMCL) reported a 400% increase in Q2 EPS to $0.50 and a 35.31% rise in sales to $50.11 million year-over-year.
The significant increase in both EPS and sales indicates strong financial performance, which is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100