Caledonia Mining Price, Forecast, Insider, Ratings, Fundamentals & Signals

St helier, jersey, may 09, 2024 (globe newswire) -- caledonia mining corporation plc ("caledonia" or the "company") (nyse american, aim and vfex: cmcl) expects to publish its q1 results for 2024 on monday, may 13, 2024.

St helier, jersey, may 07, 2024 (globe newswire) -- caledonia mining corporation plc ("the company") (nyse american, aim and vfex: cmcl) announces the results of its annual general meeting of shareholders (the “agm”) held at st helier, jersey today.

St helier, jersey, april 16, 2024 (globe newswire) -- caledonia mining corporation plc ("caledonia" or "the company") (nyse american: cmcl; aim: cmcl; vfex: cmcl) announces that it received notification on april 15, 2024 from blackrock, inc. that on april 12, 2024 it had crossed a threshold for notification of a relevant change (as defined by the aim rules for companies).

St helier, jersey, april 15, 2024 (globe newswire) -- caledonia mining corporation plc ("caledonia" or "the company") (nyse american: cmcl; aim: cmcl; vfex: cmcl) announces that it received notification on april 11, 2024 from blackrock, inc. that on april 10, 2024 it had crossed a threshold for notification of a relevant change (as defined by the aim rules for companies).

St helier, jersey, april 10, 2024 (globe newswire) -- caledonia mining corporation plc ("the company" or "caledonia") (nyse american, aim and vfex: cmcl) announces that following the vesting of long-term incentive plan awards (“ltips”) on april 2, 2024, which were awarded under the company's 2015 omnibus equity incentive compensation plan (the "plan"), a total of 335 common shares of no par value in the company are being issued to members of staff within the company's group (none of whom are "persons discharging managerial responsibility" ("pdmrs") within the meaning of the market abuse regulation (eu) no. 596/2014), including in the form of zimbabwe depositary receipts in respect of such shares, on or about april 12, 2024.

Caledonia Mining Corporation said production from the Blanket Mine in Zimbabwe increased by 6% in the latest quarter. First quarter output in three months to end-March 2024 was 17,050 ounces of gold, with 18,750oz sold over the period.

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) has appointed James Mufara, the industry veteran, as its chief operating officer. Mufara will join on May 1, having previously worked at Harmony Gold (NYSE:HMY) Mining, where he was regional general manager.

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) declared a quarterly dividend of US$0.14 per share as it reported a robust performance of Zimbabwe's Blanket mine in 2023, with cash flows improving in the second half. The dividend was kept the same level as the prior year even though, as revealed in a trading update at the start of this month, production was in line with expectations but one-off costs took the edge off profits.

ST HELIER, Jersey, March 28, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces its operating and financial results for the year ended December 31, 2023 (the "Year"). Further information on the financial and operating results for the Year and the quarter ended December 31, 2023 (the "Quarter" or "Q4") can be found in the Management Discussion and Analysis ("MD&A"), and the audited financial statements, which are available on the Company's website and which are being filed on SEDAR.

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) has appointed Tariro Gadzikwa as a new independent director. At the same time, Steve Curtis, former CEO, is stepping down for the non-executive role he has held since June 2022.

Caledonia Mining warned that one-off costs will mean a reduction in profits this year even with a strong production performance from its Blanket gold mine in Zimbabwe. Full-year production for 2023 was 75,416 ounces of gold with revenues in line with expectations, but increased costs and several significant one-off charges in the final quarter of the year have resulted in lower profits, said the statement.

Caledonia Mining Corporation receives a Buy rating due to improving gold price outlook and the company's cost-cutting initiatives. CMCL stock price appears well-positioned for a strong rebound from current levels, which are close to the oversold level at the bottom of the stock price cycle. The company's strong financial position, dividend payments, and growth prospects make it an attractive investment option.

Caledonia Mining's update from the deep-level drilling programme at its Blanket Mine was encouraging says broker Cavendish with grades and widths generally better than expected. As a result, the overall resource should increase and so lead to an extension of the mine life.

Caledonia Mining said the life of its Blanket Mine in Zimbabwe will likely be extended after recent in-fill deep drilling produced better than expected grades and widths. Gold grades from around 1,000m below the surface at the Blanket and Eroica ore bodies ranged between 3.62 g/t to 8.8g/t over widths of 4-16 m.

Caledonia Mining made a good comeback in the second half of the year to produce 75,416oz gold at Blanket in 2023, says broker Cavendish. Fourth quarter production from Blanket was 20,172oz.