Caledonia Mining Corporation Plc

Caledonia Mining Corporation Plc

CMCL
Caledonia Mining Corporation PlcUS flagNew York Stock Exchange American
21.42
USD
-0.89
- -
413.69MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.08
5.13
4.7
5.87
6.58
6.28
7.06
8.34
9.97
11.07
7.86
9.52
13.72
14.18
Basic EPS, GAAP
-0.29
0.43
0.46
0.81
0.88
0.99
1.98
1.57
1.43
0.88
-0.42
0.93
2.83
3.17
Free Cash Flow per Basic Share
0.11
0.46
-0.93
0.3
0.27
-0.23
-0.18
0.26
-0.57
-0.11
-0.84
0.55
2.06
2.44
Dividend per Share
0.76
0.35
0.24
0.28
0.31
0.32
0.32
0.38
0.66
0.69
0.6
0.64
1.02
0.99
Book Value per Share
-9.35
-9.17
-8.94
-8.22
-7.56
-6.64
-4.94
-1.62
-0.01
0.23
3.65
3.92
6.19
6.84
Tangible Book Value per Share
4.67
4.83
4.84
5.62
6.52
7.24
9.31
10.94
12.53
12.29
12.04
12.2
14.53
15.28
Basic Weighted Avg Shares
10
10
10
11
11
11
11
12
12
13
19
19
20
20
Sales/Revenue/Turnover
63
54
49
62
70
68
76
100
121
142
146
183
268
278
Operating Margin (%)
37.07
20.89
11.64
27.05
30.38
31.52
35.72
42.01
36.72
33.37
14.82
30.92
42.32
42.39
Depreciation Expense
3
4
3
3
4
4
4
5
8
10
14
16
16
- -
Net Income, GAAP
-3
4
5
9
9
11
21
19
17
11
-8
18
55
62
Effective Tax Rate (%)
105.22
50.15
29.77
41.04
42.22
35.12
29.85
35.22
38.58
48.6
160.73
43.14
36.65
35.16
Profit Margin (%)
-4.69
8.29
9.76
13.75
13.45
15.74
28.1
18.86
14.34
7.91
-5.37
9.78
20.63
22.37
Working Capital
27
27
15
16
12
16
20
35
35
6
14
16
35
178
LT Debt
- -
- -
- -
2
- -
6
2
- -
- -
- -
6
10
6
104
Total Equity
49
50
50
59
69
79
100
131
152
158
224
234
284
299
Return on Invested Capital (%)
-2.24
10.71
7.64
17.15
18.14
17.66
20.03
23.09
19.03
14.9
-6.26
12.58
24.79
21.97
Return on Capital (%)
20.44
-3.15
-4.7
-7.15
-9.06
-12.19
-35.98
-67.82
275.01
31.4
-17.67
12.51
30.21
25.92
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
137.73
63.08
-22.19
24.97
56.3
57.65

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
19
27
12
LT Borrowings
4
5
104
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
711
513
443

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
88
95
227
Cash, Cash Equivalents & STI
34
41
170
Accounts Receivable, Net
11
8
9
Inventories
29
27
28
Total Current Liabilities
50
60
49
Payables & Accruals
28
24
36
ST Debt
19
27
12
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.37%
17.48%
20.93%
Free Cash Flow
5.84%
133.57%
277.24%
Net Income, GAAP
-14.26%
-66.45%
208.5%
Sales/Revenue/Turnover
19.26%
22.55%
46.25%
Total Cash Common Dividend
25.2%
37.07%
61.89%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
39
50
47
48
183
2025
56
65
71
75
268
2026
66
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.42
0.13
0.26
0.93
2025
0.45
1.06
0.77
- -
2.83
2026
0.8
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.15
0.2
0.16
0.64
2025
0.07
0.39
0.29
- -
1.02
2026
0.04
- -
- -
- -
- -

Company Description

APIChat
CEO
John Mark Learmonth
Full Time Employees
2,147
Sector
Basic Materials
Industry
Gold
Address
B006 Millais House Saint Helier United States of America JE2 3NF
IPO Date
Nov 19, 1984
Business
Caledonia Mining Corporation Plc is a gold producer, exploration and development company primarily focused on Zimbabwean mining assets. The company owns a 64% stake in the Blanket Mine, a producing underground gold mine located in the south-west of Zimbabwe that generates the majority of its revenue through gold production and sales; it holds 100% ownership of the Bilboes Sulphide Project, featuring proven and probable reserves of 1.75 million ounces of gold at 2.26 g/t and planned life-of-mine production of 1.55 million ounces over 10.8 years using BIOX processing technology; additionally, it controls 100% of the Motapa and Maligreen exploration claims, all situated in Zimbabwe, with operations centered on gold extraction, processing into bullion, and sales to the global precious metals market, primarily via the London Bullion Market Association. Caledonia Mining targets international gold markets and institutional investors, with shares listed on the NYSE American (CMCL), AIM of the London Stock Exchange, and Victoria Falls Stock Exchange; its management teams operate from Johannesburg, South Africa, London, United Kingdom, and Jersey, Channel Islands, where the company maintains its headquarters, originally founded in Canada in 1992. In recent developments, Caledonia acquired 100% of Bilboes Gold Limited in January 2023 for approximately US$65 million in shares plus a 1% net smelter royalty, followed by the publication of a feasibility study on October 31, 2025, confirming robust economics with post-tax NPV of US$582 million, IRR of 32.5%, all-in sustaining costs of US$1,061 per ounce, and first production targeted for late 2028; the company announced its decision to proceed with Bilboes development on November 25, 2025, initiating front-end engineering design immediately and pursuing phased funding including non-recourse senior debt, internal equity from Blanket, and flexible instruments like royalties or streams to meet peak funding needs of US$484 million while minimizing equity dilution; further, it completed the Central Shaft project at Blanket in 2021 to sustain production around 75,000-80,000 ounces annually, listed depositary receipts on the VFEX in December 2021, and reported 52% revenue growth in Q3 2025 driven by higher gold prices.

Company News

APIChat
  • Caledonia Mining Corporation Plc: Refiling of Bilboes Gold Project Feasibility Study National Instrument 43-101 Technical Report

  • Caledonia Mining Corporation Plc PCA Shareholding Notification

  • Caledonia Mining Q1 Earnings Call Highlights

  • Caledonia Mining Corporation Plc: Non-Executive Director Shareholding Notification

  • Nasdaq tech stocks seen leading retreat ahead of CPI inflation reading

  • Caledonia Mining Corporation Plc (CMCL) Q1 2026 Earnings Call Transcript

  • Caledonia Mining shares edge higher as record gold price boost earnings

  • Caledonia Mining Corporation Plc - Abridged and Unaudited Quarterly Results and Details of Management Conference Call for the First Quarter Ended March 31, 2026 ("the Quarter" or "Q1 2026")

  • Caledonia Mining reports 50% EBITDA surge helped by strong gold price

  • Caledonia Mining reports 50% EBITDA surge helped by strong gold price

  • Caledonia Mining Corporation Plc New Corporate Video

  • Caledonia Mining Corporation Plc: Results of Annual General Meeting and Appointment of New Chairman

  • Caledonia Mining Corporation Plc: Notification of Relevant Change to Significant Shareholder

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  • Caledonia Mining details chair succession with July Ndlovu taking up the role next week

  • Caledonia Mining details chair succession with July Ndlovu taking up the role next week

  • Caledonia Mining Corporation Plc: Change of Chairman

  • Caledonia Mining Corporation Plc: Notice of Q1 2026 Results and Investor Presentation

  • Caledonia Mining Corporation Plc: Annual Report on Form 20-F has been filed