Caledonia Mining (LON:CMCL) Sets New 12-Month High - Here's What Happened

Shares of Caledonia Mining Co. Plc (LON:CMCL - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 1,200 ($15.67) and last traded at GBX 1,150 ($15.02), with a volume of 11843 shares changing hands. The stock had previously closed at GBX 1,180 ($15.41).

Caledonia Mining Stock Performance

The company has a current ratio of 1.52, a quick ratio of 0.97 and a debt-to-equity ratio of 10.31. The company's fifty day moving average is GBX 979.99 and its 200 day moving average is GBX 883.85. The company has a market cap of £220.92 million, a P/E ratio of 2,500.00 and a beta of 0.73.

Caledonia Mining Company Profile

Caledonia Mining Corporation Plc primarily operates a gold mine. It also engages in the exploration and development of mineral properties for precious metals. The company holds a 64% interest in the Blanket Mine, a gold mine located in Zimbabwe. It also owns 100% interests in the Maligreen project, a brownfield gold exploration project located in the Gweru mining district in the Zimbabwe Midlands; the Bilboes, a gold deposit located to the north of Bulawayo, Zimbabwe; and the Motapa, a gold exploration property located in Southern Zimbabwe.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.