Shares of Caledonia Mining Co. Plc (LON:CMCL – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,723.65 and traded as high as GBX 1,950. Caledonia Mining shares last traded at GBX 1,941.60, with a volume of 4,557 shares.
Caledonia Mining Price Performance
The firm has a 50-day simple moving average of GBX 1,622.99 and a 200 day simple moving average of GBX 1,723.65. The firm has a market cap of £375.41 million, a PE ratio of 5.56 and a beta of 0.66. The company has a debt-to-equity ratio of 39.76, a current ratio of 5.73 and a quick ratio of 0.96.
Caledonia Mining Company Profile
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. Caledonia’s flagship asset is the Blanket Gold Mine in Zimbabwe, Caledonia has a prime position in Zimbabwe, one of the last gold frontiers in Africa with substantial exploration potential.
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