Free Trial

Caledonia Mining (LON:CMCL) Reaches New 52-Week High - Still a Buy?

Caledonia Mining logo with Basic Materials background

Caledonia Mining Co. Plc (LON:CMCL - Get Free Report)'s share price reached a new 52-week high on Monday . The stock traded as high as GBX 1,320 ($17.89) and last traded at GBX 1,310 ($17.75), with a volume of 8906 shares changing hands. The stock had previously closed at GBX 1,238 ($16.78).

Caledonia Mining Price Performance

The stock has a market capitalization of £322.01 million, a price-to-earnings ratio of 33.28 and a beta of 0.73. The company's 50-day simple moving average is GBX 1,062.64 and its 200-day simple moving average is GBX 904.47. The company has a debt-to-equity ratio of 6.38, a current ratio of 1.44 and a quick ratio of 0.97.

Caledonia Mining Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, April 17th. Investors of record on Thursday, April 3rd were issued a dividend of $0.14 per share. The ex-dividend date was Thursday, April 3rd. This represents a yield of 1.22%. Caledonia Mining's payout ratio is currently 110.94%.

About Caledonia Mining

(Get Free Report)

Caledonia Mining (NYSE:CMCL, AIM:CMCL) is a profitable cash generative gold producer with a strong growth profile, Caledonia's primary asset is the Blanket Mine in Zimbabwe. By 2022 the Company plans to increase its annual production by 37%, up to 80,000 ounces. The Company is listed in New York and London with a current Market Capitalisation of U$174m.

Featured Articles

Should You Invest $1,000 in Caledonia Mining Right Now?

Before you consider Caledonia Mining, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Caledonia Mining wasn't on the list.

While Caledonia Mining currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Top 3 Defense Stocks to Profit From $175 Billion Golden Dome
Top 5 Stocks for June: AI Picks That Aren’t NVIDIA
This Unique Robotaxi Play Could Deliver 10X Returns

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines