Caledonia Mining (CMCL) Stock Price, News & Analysis

Company Overview

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. 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.

Key Stats

• Today's Range: $9.15 to $9.74
• 50-Day Range: N/A
• 52-Week Range: $8.91 to $16.95
• Volume: 148,213 shs
• Average Volume: 69,770 shs
• Market Capitalization: $119.58 million
• P/E Ratio: 19.42
• Dividend Yield: 6.01%
• Price Target: $15.25
• Consensus Rating: Buy

Caledonia Mining Stock Analysis - MarketRank™

Caledonia Mining scored higher than 87% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Caledonia Mining has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Caledonia Mining has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Caledonia Mining is 19.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of Caledonia Mining is 19.42, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 112.65.

Price to Book Value per Share Ratio

Caledonia Mining has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.21% of the outstanding shares of Caledonia Mining have been sold short.

Short Interest Ratio / Days to Cover

Caledonia Mining has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Caledonia Mining has recently decreased by 7.90%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Caledonia Mining is a leading dividend payer. It pays a dividend yield of 5.09%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Caledonia Mining does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Caledonia Mining is 116.67%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -5.83

Percentage of Shares Shorted

1.21% of the outstanding shares of Caledonia Mining have been sold short.

Short Interest Ratio / Days to Cover

Caledonia Mining has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Caledonia Mining has recently decreased by 7.90%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.90

News Sentiment

Caledonia Mining has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Caledonia Mining this week, compared to 2 articles on an average week.

MarketBeat Follows

1 people have added Caledonia Mining to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Caledonia Mining insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.68% of the stock of Caledonia Mining is held by insiders.

Percentage Held by Institutions

Only 31.78% of the stock of Caledonia Mining is held by institutions.

CMCL Stock Analysis - Frequently Asked Questions

How have CMCL shares performed this year?

Caledonia Mining's stock was trading at $14.7180 on January 1st, 2024. Since then, CMCL shares have decreased by 36.7% and is now trading at $9.32.
View the best growth stocks for 2024 here.

How were Caledonia Mining's earnings last quarter?

Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) posted its quarterly earnings results on Monday, March, 22nd. The company reported $0.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $0.08. The business earned $28.13 million during the quarter. Caledonia Mining had a trailing twelve-month return on equity of 7.83% and a net margin of 5.55%.

Who are Caledonia Mining's major shareholders?

Caledonia Mining's top institutional shareholders include Van ECK Associates Corp (5.42%), State Street Corp (1.59%), Geode Capital Management LLC (1.56%) and Segall Bryant & Hamill LLC (1.44%).

How do I buy shares of Caledonia Mining?

Shares of CMCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Caledonia Mining own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Caledonia Mining investors own include The RMR Group (RMR), Waste Connections (WCN), American Water Works (AWK), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 3/22/2021
• Ex-Dividend for 12/6 Dividend: 11/22/2024
• Dividend Payable: 12/06/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• Current Symbol: NYSEAMERICAN:CMCL
• CUSIP: N/A
• CIK: 766011
• Web: www.caledoniamining.com
• Phone: 44-15-3467-9800
• Fax: N/A
• Employees: 2,332
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.25
• High Stock Price Target: $17.00
• Low Stock Price Target: $13.50
• Potential Upside/Downside: +63.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.48
• Trailing P/E Ratio: 19.42
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-4,200,000.00
• Net Margins: 5.55%
• Pretax Margin: 17.62%
• Return on Equity: 7.83%
• Return on Assets: 6.30%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 1.44
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $146.31 million
• Price / Sales: 0.82
• Cash Flow: $1.17 per share
• Price / Cash Flow: 7.99
• Book Value: $20.59 per share
• Price / Book: 0.45

Miscellaneous

• Outstanding Shares: 12,830,000
• Free Float: 12,361,000
• Market Cap: $119.58 million
• Optionable: Not Optionable
• Beta: 0.64