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CMCL

Caledonia Mining Corporation Plc

https://www.caledoniamining.com

Industry

Gold

Caledonia Mining Corporation Plc primarily engages in the operation of a gold mine. It also explores for and develops mineral properties for precious metals. The company holds 64% interest in the Blanket Mine, a gold mine located in Matabeleland South Province, Zimbabwe. It also has an agreement to purchase 100% ownership in the Maligreen project, a brownfield gold exploration project located in Gweru mining district in the Zimbabwe Midlands. The company was formerly known as Caledonia Mining Corporation and changed its name to Caledonia Mining Corporation Plc in March 2016. Caledonia Mining Corporation Plc was incorporated in 1992 and is headquartered in Saint Helier, Jersey.

Open

15.62

Mkt cap

299M

Volume

73K

High

15.81

P/E Ratio

25.90

52-wk high

16.95

Low

15.38

Div yield

0.03

52-wk low

8.91

Caledonia Mining Corporation Plc reported a fatal accident at its Blanket Mine in Zimbabwe, where an employee died due to a rock fall. The company is assisting authorities in the investigation.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 6:43 am

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.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 6:09 am

Caledonia Mining Corporation Plc (NYSE: CMCL) will file a preliminary economic assessment (PEA) for the Bilboes sulphide gold project. The PEA includes significant changes, such as a modular construction of the Tailings Storage Facility (TSF) to reduce initial capital expenditure and improve economic returns. The company plans to upgrade the study to a feasibility level within the next 9 months.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 7:10 am

Caledonia Mining (AMEX:CMCL) reported a decrease in Q1 EPS to $0.27 from $0.29 YoY, while sales increased to $38.53M from $29.43M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 6:44 am

Cantor Fitzgerald analyst Mike Kozak upgraded Caledonia Mining (AMEX:CMCL) from Hold to Speculative Buy and set a price target of $13.5.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 1:15 pm

Caledonia Mining Corporation Plc has appointed James Mufara, formerly of Harmony Gold Mining Co, as its new COO starting May 1, 2024. Mufara brings extensive experience, having managed a significant portfolio at Harmony Gold, including five mines and 15,000 staff.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 7:08 am

Cantor Fitzgerald analyst Mike Kozak downgraded Caledonia Mining (AMEX:CMCL) from Speculative Buy to Hold, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 7:43 pm

Caledonia Mining (AMEX:CMCL) reported a significant decrease in Q4 adjusted earnings per share to $0.02, down from $0.41 YoY, despite a 13.12% increase in sales to $38.66M from $34.18M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 3:13 pm

Caledonia Mining Corp reported its FY23 revenue at $146.3M, falling short of the estimated $148.5M. The adjusted EPS was $0.17, also below the expected $0.27.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 7:07 am

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Portfolio Pulse from Avi Kapoor

March 04, 2024 | 6:29 pm

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