Caledonia Mining (CMCL) Stock Price, News & Analysis

Company Overview

Caledonia Mining Corporation PLC is a UK‐domiciled gold producer listed on the NYSE American under the ticker CMCL and on the London AIM market. The company’s flagship asset is the Blanket gold mine, located near Gwanda in southwestern Zimbabwe. Blanket is a conventional underground and surface gold operation that includes a carbon‐in‐leach processing plant and tailings retreatment facilities, providing a structurally diverse resource base and established production infrastructure.

Caledonia acquired the Blanket mine in 2004, adding to its long operating history that traces back to the early 20th century. Since acquisition, the company has focused on optimizing throughput, improving recovery rates and extending mine life through targeted exploration and resource conversion drilling. Blanket’s underground workings are accessed via ramp and declines, while surface infrastructure comprises on‐site mineral processing, administrative buildings and support services for the local workforce.

In addition to its core operations at Blanket, Caledonia maintains an exploration portfolio across several contiguous licences in Zimbabwe. These greenfield and brownfield targets are prioritized to test for extensions of known mineralized veins and potential satellite deposits. The company is headquartered in Jersey with a regional office in Harare, and operations are overseen by an experienced management team with backgrounds in African mining, project development and financial management.

Caledonia places emphasis on health and safety, environmental stewardship and community engagement around its Zimbabwean operations. The company works with local stakeholders to support educational, healthcare and infrastructure initiatives in Gwanda and surrounding districts. Looking ahead, Caledonia aims to sustain production, grow its resource base through disciplined exploration and deliver value for shareholders by maintaining rigorous capital allocation and sustainable operating practices.

Key Stats

• Today's Range: $23.33 to $24.35
• 50-Day Range: $21.44 to $26.32
• 52-Week Range: $16.25 to $38.75
• Volume: 255,152 shs
• Average Volume: 175,821 shs
• Market Capitalization: $457.45 million
• P/E Ratio: 7.43
• Dividend Yield: 2.36%
• Price Target: $28.00
• Consensus Rating: Buy

Caledonia Mining Stock Analysis - MarketRank™

Caledonia Mining scored higher than 67% 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: 3.0 / 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 no strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Caledonia Mining has a consensus price target of $28.00, representing about 18.2% upside from its current price of $23.69.

Amount of Analyst Coverage

Caledonia Mining has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Caledonia Mining is 7.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.49.

Price to Earnings Ratio vs. Sector

The P/E ratio of Caledonia Mining is 7.43, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.96.

Price to Book Value per Share Ratio

Caledonia Mining has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.51% of the float of Caledonia Mining has been sold short.

Short Interest Ratio / Days to Cover

Caledonia Mining has a short interest ratio ("days to cover") of 9.83.

Change versus previous month

Short interest in Caledonia Mining has recently decreased by 1.70%, indicating that investor sentiment is improving.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Caledonia Mining pays a meaningful dividend of 2.43%, higher than the bottom 25% of all stocks that pay dividends.

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.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.82

News Sentiment

Caledonia Mining has a news sentiment score of 0.82. 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 0.45 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Caledonia Mining this week, compared to 1 article on an average week.

Search Interest

Only 4 people have searched for CMCL on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Caledonia Mining to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.4 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net $372,150.00 in company stock, which represents 0.0814% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Caledonia Mining insiders have bought more of their company's stock than they have sold. Specifically, they have bought $372,150.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

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

Percentage Held by Institutions

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

Company Calendar

• Record date for 4/17 Dividend: 4/02/2026
• Ex-Dividend for 4/17 Dividend: 4/02/2026
• Dividend Payable: 4/17/2026
• Last Earnings: 5/11/2026
• Today: 5/19/2026
• Record date for 6/5 Dividend: 5/22/2026
• Ex-Dividend for 6/5 Dividend: 5/22/2026
• Dividend Payable: 6/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Basic Materials
• Industry: MINING - GOLD
• Sub-Industry: Precious Metals
• Current Symbol: NYSEAMERICAN:CMCL
• CIK: 766011
• Web: www.caledoniamining.com
• Phone: 44-15-3467-9800
• Fax: N/A
• Employees: 2,357
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Caledonia Mining: $28.00
• High Price Target: $28.00
• Low Price Target: $28.00
• Potential Upside/Downside: +18.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.48
• Trailing P/E Ratio: 7.43
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $55.22 million
• Net Margins: 23.59%
• Pretax Margin: 41.76%
• Return on Equity: 23.90%
• Return on Assets: 15.34%

Debt

• Debt-to-Equity Ratio: 0.35
• Current Ratio: 4.66
• Quick Ratio: 4.08

Sales & Book Value

• Annual Sales: $267.66 million
• Price / Sales: 1.71
• Cash Flow: $4.04 per share
• Price / Cash Flow: 5.87
• Book Value: $14.76 per share
• Price / Book: 1.61

Miscellaneous

• Outstanding Shares: 19,310,000
• Free Float: 18,602,000
• Market Cap: $457.45 million
• Optionable: Not Optionable
• Beta: 0.61