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

Caledonia Mining logo with Basic Materials background

Caledonia Mining Co. Plc (LON:CMCL - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 1,600 ($21.74) and last traded at GBX 1,530 ($20.79), with a volume of 8446 shares traded. The stock had previously closed at GBX 1,525 ($20.72).

Caledonia Mining Trading Up 1.3%

The firm has a market capitalization of £375.68 million, a P/E ratio of 38.83 and a beta of 0.73. The company has a current ratio of 1.44, a quick ratio of 0.97 and a debt-to-equity ratio of 6.38. The stock has a 50 day simple moving average of GBX 1,288.18 and a 200-day simple moving average of GBX 1,004.74.

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.

Further Reading

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