Caledonia Mining Corporation PLC (NYSEAMERICAN:CMCL – Get Free Report) announced a quarterly dividend on Monday, May 11th. Stockholders of record on Friday, May 22nd will be paid a dividend of 0.14 per share on Friday, June 5th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, May 22nd.
Caledonia Mining has a payout ratio of 24.0% indicating that its dividend is sufficiently covered by earnings.
Caledonia Mining Price Performance
Shares of NYSEAMERICAN CMCL opened at $23.12 on Wednesday. The stock has a market capitalization of $446.45 million, a price-to-earnings ratio of 7.25 and a beta of 0.61. Caledonia Mining has a 12 month low of $16.36 and a 12 month high of $38.75. The firm’s 50 day simple moving average is $24.05 and its 200-day simple moving average is $26.73. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.66 and a quick ratio of 4.08.
Caledonia Mining Company Profile
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.
See Also
- Five stocks we like better than Caledonia Mining
- Block’s Pivot to Profits and AI Is Turning Heads
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
Receive News & Ratings for Caledonia Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caledonia Mining and related companies with MarketBeat.com's FREE daily email newsletter.
