Wall Street analysts’ outlook for Caledonia Mining Corporation Plc (CMCL)

With 61080.0 shares changed hands, the volume of the stock remained lighter than its average volume of 89170.0 shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $10.64 whereas the lowest price it dropped to was $10.31. The 52-week range on CMCL shows that it touched its highest point at $16.95 and its lowest point at $8.91 during that stretch. It currently has a 1-year price target of $19.85. With its current market cap of 200.41 million, CMCL has annualized dividend of $0.56 while the current yield stands at 5.37%. Beta for the stock currently stands at 0.64.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CMCL was down-trending over the past week, with a drop of -5.10%, but this was down by -32.84% over a month. Three-month performance dropped to -19.77% while six-month performance fell -1.88%. The stock lost -11.98% in the past year, while it has lost -14.51% so far this year. A look at the trailing 12-month EPS for CMCL yields 0.50 with Next year EPS estimates of 1.71.

Float and Shares Shorts:

At present, 19.19 million CMCL shares are outstanding with a float of 14.41 million shares on hand for trading. On 2024-11-15, short shares totaled 0.17 million, which was 88.0 higher than short shares on 1728950400. In addition to Mr. John Mark Learmonth as the firm’s CEO & Director, Mr. Chester Goodburn serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.47841 of CMCL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CMCL reported revenue of $46868000.0 and operating income of $14674000.0. The EBITDA in the recently reported quarter was $11860000.0 and diluted EPS was $0.12.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CMCL since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CMCL analysts setting a high price target of 18.0 and a low target of 18.0, the average target price over the next 12 months is 18.0. Based on these targets, CMCL could surge 72.58% to reach the target high and rise by 72.58% to reach the target low. Reaching the average price target will result in a growth of 72.58% from current levels.

Analysts have provided yearly estimates in a range of $1.12282 being high and $1.07124 being low. For CMCL, this leads to a yearly average estimate of $1.09703. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.