Caledonia Mining Co. Plc (CAL.TO) (TSE:CAL) Trading 3.3% Higher

Caledonia Mining Co. Plc (CAL.TO) (TSE:CAL)’s share price shot up 3.3% on Monday . The company traded as high as C$23.17 and last traded at C$22.87. 20,380 shares traded hands during trading, an increase of 134% from the average session volume of 8,717 shares. The stock had previously closed at C$22.13.

Caledonia Mining Co. Plc (CAL.TO) Price Performance

The stock has a fifty day simple moving average of C$22.87. The company has a market cap of C$263.49 million and a P/E ratio of 6.29. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.62 and a current ratio of 2.98.

About Caledonia Mining Co. Plc (CAL.TO)

Caledonia Mining Corporation Plc primarily engages in the exploration and development of gold properties. The company also explores for precious metals. It primarily holds a 49% interest in the Blanket Mine, a gold mine located in Zimbabwe. The company was formerly known as Caledonia Mining Corporation and changed its name to Caledonia Mining Corporation Plc in March 2016.