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AIM:CMCL NYSE-A:CMCL

Caledonia Mining Corporation PLC

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Market:
AIM
Price
850.00 GBX
Day Change
0.59%
Market Cap:
£163.15 m
52 weeks high
1380.00
52 weeks low
600.00

In brief

Caledonia Mining Corporation PLC is a profitable cash-generative gold producer with a strong growth profile. The company's primary asset is the Blanket Mine in Zimbabwe.

Production in 2023 was in line with guidance at around 75,100 ounces following the completion of a new central shaft at Blanket.

Caledonia has also invested in other projects with a strategy to become a multi-asset gold producer in Zimbabwe.

Snapshot

  • Caledonia Mining keeps dividend flat as sign of confidence in Blanket mine
  • Caledonia Mining reiterating 2024 guidance reassuring, says broker
  • Caledonia Mining tackles 2023 challenges with optimism for 2024 as it maintains dividend