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AIM:CMCL TSX:CAL

Caledonia Mining Corporation PLC

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Market:
AIM
Market Cap:
£87.87 m
Price
763.00 GBX
Change
-0.91%
52 weeks high
950.00
52 weeks low
356.00

In brief

Caledonia Mining is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe which produced 54,512 ounces of gold in 2018 at an All in Sustaining Cost of $802/oz.

Deep dive We explore the investor case for growth companies

Snapshot

  • Caledonia Mining operates the Blanket gold mine in Zimbabwe
  • New central shaft at the mine has been sunk
  • Target is 80,000oz per year by 2022
  • Stake in Blanket now up to 64%