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

Caledonia Mining Co. Plc (LON:CMCLGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as GBX 1,320 ($17.77) and last traded at GBX 1,310 ($17.63), with a volume of 8906 shares trading hands. The stock had previously closed at GBX 1,238 ($16.66).

Caledonia Mining Price Performance

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 business has a 50-day moving average price of GBX 1,038.84 and a 200 day moving average price of GBX 895.88. The stock has a market cap of £319.57 million, a PE ratio of 33.03 and a beta of 0.73.

Caledonia Mining Announces Dividend

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

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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