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

Caledonia Mining Co. Plc (LON:CMCLGet Free Report)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,850 ($24.89) and last traded at GBX 1,830 ($24.62), with a volume of 13470 shares changing hands. The stock had previously closed at GBX 1,830 ($24.62).

Caledonia Mining Price Performance

The company has a 50-day moving average price of GBX 1,569.47 and a 200 day moving average price of GBX 1,205.42. The firm has a market capitalization of £446.43 million, a PE ratio of 46.14 and a beta of 0.73. 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 Company Profile

(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.

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