Caledonia Mining (LON:CMCL) Hits New 12-Month Low – What’s Next?

Caledonia Mining Co. Plc (LON:CMCLGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 1,280 and last traded at GBX 1,280, with a volume of 5117 shares trading hands. The stock had previously closed at GBX 1,310.

Caledonia Mining Stock Performance

The company has a market cap of £243.54 million, a PE ratio of 3.97 and a beta of 0.65. The firm’s fifty day moving average is GBX 1,568.60 and its 200 day moving average is GBX 1,848.34. The company has a current ratio of 4.66, a quick ratio of 0.96 and a debt-to-equity ratio of 42.61.

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. 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.

Further Reading

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.