CALEDONIA MINING PLC (CMCL)
Materials · Gold mining · NYSE American
A profitable gold mining company primarily focused on gold production in Zimbabwe through its Blanket Mine operations.
What CALEDONIA MINING PLC does
Caledonia Mining Corporation Plc is a gold production and mining exploration company focused on operations in Zimbabwe. The company's primary asset is the Blanket Mine, which it operates and owns a majority stake in, alongside various exploration projects in the region.
Themes: gold production, precious metals mining, Zimbabwe mining
Fundamentals
- Price$24.77 as of 2026-08-21 close
- Market cap$441M as of 2026-08-24
- 1-year return-1.9% 2025-08-21 close $25.26 → 2026-08-21 close $24.77
- P/E7.09 as of 2026-08-24
- Net margin+23.8% as of 2026-08-24
- Gross margin+54.4% as of 2026-08-24
- ROE+22.8% as of 2026-08-24
- Debt / equity0.13 as of 2026-08-24
- Revenue growth (YoY)+37.2% as of 2026-08-24
- Revenue CAGR (3y)+14.7% SEC XBRL
- Beta0.70 as of 2026-08-24
- Last reported earningsn/a no confirmed date — as a foreign private issuer it reports on Form 6-K, which carries no earnings item code
Dividend: yield +4.6%; pays a dividend.
How CMCL compares in its sector
- price-to-earnings ratiobottom 10% 94 covered Materials peers, as of 2026-08-24
- net profit margintop 10% 142 covered Materials peers, as of 2026-08-24
- operating margintop 10% 142 covered Materials peers, as of 2026-08-24
- gross margintop 10% 141 covered Materials peers, as of 2026-08-24
- return on equitytop 25% 151 covered Materials peers, as of 2026-08-24
- 3-year revenue CAGRtop 25% 127 covered Materials peers
- indicated dividend yieldtop 25% 95 covered Materials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)middle range 124 covered Materials peers, as of FY2024
Position among covered Materials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2024)
Covered by reported results. In FY2024, CMCL's dividend was covered by reported results (earnings payout 60%, free-cash-flow payout 95%). This describes past coverage, not a forecast.
- Earnings payout60% dividends / net income
- Free-cash-flow payout95% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2024 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How CALEDONIA MINING PLC looks technically
CALEDONIA MINING PLC (CMCL) is trading 0.3% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed below its 200-day average about 93 trading days ago — a "death cross", a bearish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 38, with buyers in control. Momentum is stretched — its 14-day RSI (a 0–100 momentum gauge) is 73, in overbought territory (above 70). It made a new 20-day high about 2 trading days ago. It is 36.1% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 0.3% above its 200-day average, the long-term trend line — a longer-term uptrend | +0.3% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $19.98 | $19.98 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $24.70 | $24.70 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing high 25 calendar days ago — the swings before that are what the structure reading is measured on | 25 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 93 trading days ago — a "death cross", a bearish long-term signal | 93 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 0.3% above | +0.3% |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 38, with buyers in control | 37.7 |
Momentum
3
| 14-day RSI | momentum is stretched — its 14-day RSI (a 0–100 momentum gauge) is 73, in overbought territory (above 70) | 73.1 |
|---|---|---|
| Position in its 14-day range | it is trading near the top of its 14-day range ($19.07 to $25.39) — its "stochastic" reading is 90 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 90.2 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 24 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $38.75 | $38.75 |
|---|---|---|
| From the 52-week high | it is 36.1% below its 52-week high (its highest price of the past year) | -36.1% |
| Above the 52-week low | it is 56.3% above its 52-week low (its lowest price of the past year) | +56.3% |
| Below the 52-week high | it is 36.1% below its highest point of the past year | 36.1% |
| Since a 20-day breakout | it made a new 20-day high about 2 trading days ago | 2 sessions |
| Since a 55-day breakout | it made a new 55-day high about 2 trading days ago | 2 sessions |
| All-time high | its highest closing price on record is $481.25 (set on 1994-11-14) | $481.25 |
| Given back of the 52-week move | over the past year its closes ranged ($16.79 to $37.72), and it has recovered roughly a third of its fall from last year’s high — 38% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $29.72 to $30.39. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 38.1% |
| From the all-time high | it is 94.9% below its all-time high | -94.8% |
| Nearest price level | it is trading 1.5% above a support level at $24.39 — a price it turned at three times since 2025-07-23, most recently on 2026-05-29. Since 2024-08-21 it has 9 such levels below the current price and 5 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -1.5% |
| All-time low | its lowest closing price on record is $0.7813 (set on 1998-10-26) | $0.7813 |
| Above the all-time low | it is 3070.6% above its all-time low | +3,071% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 94% of the past ~6 months) | 94th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.04 between its high and its low — about 4.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.04 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $16.93 and $25.89 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $16.93 – $21.41 – $25.89 |
| Typical daily range (% of price) | its price moves about 4.2% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.2% |
| Stretch from the 200-day average | it is trading 0.1 daily ranges above its 200-day average price (0.3% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 0.1 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.98× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
1
| Since a bearish engulfing | 3 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 3 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-21 1.9% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +1.9% |
|---|---|---|
| Open gap | it gapped 4.0% above the previous close 2 sessions ago and has not traded back through the level it left behind at 23.07 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +4.0% |
| Gap filled | a 3.4% gap up opened on 2026-08-18 has been "filled" 3 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 3 sessions ago |
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 33.3 percentage points (the stock gained 35.7% while the market gained 2.3%) | +33.3% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 4.2 percentage points (the stock gained 7.3% while the market gained 3.1%) | +4.2% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 29.1 percentage points (the stock lost 18.0% while the market gained 11.1%) | -29.1% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 22.4 percentage points (the stock lost 1.9% while the market gained 20.5%) | -22.4% |
Signal agreement
2
| Bullish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bullish state: a strong uptrend, with buyers in control, trading above its 200-day average, a fresh 20-day high, MACD momentum is positive, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, its RSI momentum gauge is overbought (a stretched reading), lagging the market over 6 months, near the top of its 14-day range (overbought) — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 20% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thick, spanning 8.6% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | +20.2% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 1% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $25.06 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | -1.2% |
|---|
Price levels it has turned at before
CMCL last closed at $24.77 on 2026-08-21. Since 2024-08-21 it has turned at 9 prices below its last close and 5 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $24.39 | Support | 1.5% below the last close | turned there three times · 2025-07-23 to 2026-05-29 |
| $25.53 | Resistance | 3.1% above the last close | turned there three times · 2026-01-02 to 2026-05-11 |
| $26.27 | Resistance | 6.1% above the last close | turned there three times · 2025-08-22 to 2026-02-05 |
| $23.10 | Support | 6.7% below the last close | turned there twice · 2025-12-03 to 2025-12-16 |
| $22.23 | Support | 10.3% below the last close | turned there twice · 2025-07-07 to 2026-05-21 |
| $31.16 | Resistance | 25.8% above the last close | turned there twice · 2025-11-28 to 2026-02-11 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Near 200-day moving-average support · Trading above the 200-day moving average · Overbought (14-day RSI above 70) · Pulled back from the 12-month high · Broke out to a new 20-day high · in a strong, established uptrend (ADX) | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.67 mean, 1=Strong Buy…5=Strong Sell) — 3 analysts
- Mean price target$42.73 range $35.69 – $47.50; median $45.00
Analyst estimates, as of 2026-08-19. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Key risks (from latest filing)
["Concentration risk due to primary reliance on a single operating asset, the Blanket Mine.","Operating and political risks associated with conducting mining activities in Zimbabwe.","Volatility in gold prices and potential fluctuations in production costs."]
Insider activity (SEC Form 4)
1 open-market purchase and 0 open-market sales by insiders in the last 90 days.
- Last 90 days1 buy ($219725) · 0 sells — 1 buying insider
- Last 180 days2 buys ($591875) · 1 sell ($343800) — 2 buying, 1 selling insiders
Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-11. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about CMCL's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
CMCL had 1,688,110 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for CMCL because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 1,688,110
- Prior settlement (shares) 1,651,341
- Reported change 2.23%
- Days to cover (reported) 8.81
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- AngloGold Ashanti (AU)
- Gold Fields
- Harmony Gold Mining (HMY)
- Pan African Resources
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare CMCL vs…
Frequently asked questions
What does CALEDONIA MINING PLC (CMCL) do?
Caledonia Mining Corporation Plc is a gold production and mining exploration company focused on operations in Zimbabwe. The company's primary asset is the Blanket Mine, which it operates and owns a majority stake in, alongside various exploration projects in the region.
What sector is CALEDONIA MINING PLC (CMCL) in?
CALEDONIA MINING PLC (CMCL) is classified in the Materials sector. Its industry is Gold mining. It trades on NYSE American.
Does CMCL pay a dividend?
Yes — CALEDONIA MINING PLC (CMCL) pays a dividend, with an indicated yield of about 4.58% (market data, as of 2026-08-24). Informational only — not financial advice.
Who are CALEDONIA MINING PLC's (CMCL) competitors?
Notable peers of CALEDONIA MINING PLC (CMCL) include AngloGold Ashanti, Gold Fields, Harmony Gold Mining and Pan African Resources. This peer set is informational only — not financial advice.
Is CALEDONIA MINING PLC (CMCL) overbought or oversold right now?
CALEDONIA MINING PLC (CMCL) is currently in overbought territory (its 14-day RSI is 73, above 70) (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on CMCL come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.