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

by · The Cerbat Gem

Shares of Caledonia Mining Co. Plc (LON:CMCL – Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 1,200 ($15.67) and last traded at GBX 1,150 ($15.02), with a volume of 11843 shares changing hands. The stock had previously closed at GBX 1,180 ($15.41).

Caledonia Mining Stock Performance

The company has a current ratio of 1.52, a quick ratio of 0.97 and a debt-to-equity ratio of 10.31. The company’s fifty day moving average is GBX 979.99 and its 200 day moving average is GBX 883.85. The company has a market cap of £220.92 million, a P/E ratio of 2,500.00 and a beta of 0.73.

Caledonia Mining Company Profile

(Get Free Report)

Caledonia Mining Corporation Plc primarily operates a gold mine. It also engages in the exploration and development of mineral properties for precious metals. The company holds a 64% interest in the Blanket Mine, a gold mine located in Zimbabwe. It also owns 100% interests in the Maligreen project, a brownfield gold exploration project located in the Gweru mining district in the Zimbabwe Midlands; the Bilboes, a gold deposit located to the north of Bulawayo, Zimbabwe; and the Motapa, a gold exploration property located in Southern Zimbabwe.

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