Shares of Caledonia Mining Co. Plc (LON:CMCL – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,803.69 and traded as low as GBX 1,390. Caledonia Mining shares last traded at GBX 1,390, with a volume of 125 shares trading hands.
Caledonia Mining Price Performance
The company has a current ratio of 4.66, a quick ratio of 0.96 and a debt-to-equity ratio of 42.61. The firm’s 50-day moving average price is GBX 1,489.68 and its 200-day moving average price is GBX 1,803.69. The stock has a market capitalization of £268.45 million, a PE ratio of 4.37 and a beta of 0.65.
About Caledonia Mining
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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