Caledonia Mining Co. Plc (LON:CMCL – Get Free Report)’s stock price hit a new 52-week low on Thursday . The stock traded as low as GBX 1,280 and last traded at GBX 1,280, with a volume of 5117 shares changing hands. The stock had previously closed at GBX 1,310.
Caledonia Mining Stock Down 2.3%
The firm’s 50 day simple moving average is GBX 1,589.18 and its 200 day simple moving average is GBX 1,857.54. The company has a market cap of £247.21 million, a price-to-earnings ratio of 4.03 and a beta of 0.65. The company has a quick ratio of 0.96, a current ratio of 4.66 and a debt-to-equity ratio of 42.61.
About Caledonia Mining
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.
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