Caledonia Mining Co. Plc (LON:CMCL – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,830.80 and traded as low as GBX 1,400. Caledonia Mining shares last traded at GBX 1,400, with a volume of 14,048 shares changing hands.
Caledonia Mining Stock Up 0.4%
The company has a market capitalization of £270.38 million, a PE ratio of 4.40 and a beta of 0.65. The company has a debt-to-equity ratio of 42.61, a current ratio of 4.66 and a quick ratio of 0.96. The business’s 50 day simple moving average is GBX 1,530.94 and its 200 day simple moving average is GBX 1,830.80.
Caledonia Mining Company Profile
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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