CALEDONIA MINING PLC (CMCL)
Materials · gold mining · NYSE American
Caledonia Mining is a gold producer focused on sustainable mining and development projects in Zimbabwe, anchored by its cornerstone Blanket Mine.
What CALEDONIA MINING PLC does
Caledonia Mining Corporation is a gold production and exploration company with its primary operations located in Zimbabwe. The company's core asset is the Blanket Mine, which it operates and develops through deep-level mining activities. Caledonia also holds additional exploration and development assets, including the Bilboes Gold project.
Themes: precious metals, gold mining, African mining sector
Fundamentals
- Price$24.41 as of 2026-10-08 close
- Market cap$441M date unknown (no dated share count)
- 1-year return-35.1% 2025-10-08 close $37.61 → 2026-10-08 close $24.41
- P/E7.59 as of 2026-10-08
- Net margin+12.6% FY2024, SEC XBRL
- Gross margin+42.1% FY2024, SEC XBRL
- ROE+10.5% FY2024, SEC XBRL
- Debt / equity0.13 as of 2026-09-03
- Revenue growth (YoY)+37.2% as of 2026-09-03
- Revenue CAGR (3y)+14.7% SEC XBRL
- Beta0.68 as of 2026-09-03
- 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 +2.3%; pays a dividend.
How CMCL compares in its sector
- price-to-earnings ratiobottom 10% 91 covered Materials peers, as of 2026-10-08
- net profit margintop 25% 125 covered Materials peers, as of 2026-09-03
- operating margintop 25% 108 covered Materials peers, as of 2026-09-03
- gross margintop 25% 92 covered Materials peers, as of 2026-09-03
- return on equitymiddle range 144 covered Materials peers, as of 2026-09-03
- 3-year revenue CAGRtop 25% 127 covered Materials peers
- indicated dividend yieldmiddle range 95 covered Materials peers, as of 2026-09-03
- free cash flow (absolute dollars, latest fiscal year)middle range 122 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 126 trading days ago — a "death cross", a bearish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 20 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 53, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 9 trading days ago. It is 37.0% below its highest point of the past year. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 2% of the past ~6 months), which often precedes a bigger move.
Trend
9
| 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 $23.79 | $23.79 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $24.33 | $24.33 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing low 10 calendar days ago — the swings before that are what the structure reading is measured on | 10 sessions |
| Wave structure | its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes below 22.22. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C. | possible upward five-wave sequence, in wave 3 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 126 trading days ago — a "death cross", a bearish long-term signal | 126 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 trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 20 (a reading of 25+ marks a strong trend) | 20.2 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 53, neither overbought (above 70) nor oversold (below 30) | 52.7 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($22.22 to $25.00) — its "stochastic" reading is 79 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. | 78.8 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 23 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 37.0% below its 52-week high (its highest price of the past year) | -37.0% |
| Above the 52-week low | it is 54.0% above its 52-week low (its lowest price of the past year) | +54.0% |
| Below the 52-week high | it is 37.0% below its highest point of the past year | 37.0% |
| Since a 20-day breakout | it made a new 20-day low about 9 trading days ago | 9 sessions |
| Since a 55-day breakout | it made a new 55-day high about 24 trading days ago | 24 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 — 36% 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. | 36.4% |
| From the all-time high | it is 94.9% below its all-time high | -94.9% |
| Nearest price level | it is sitting right on a support level at $24.39 — a price it turned at three times since 2025-07-23, most recently on 2026-05-29. Since 2024-10-08 it has 8 such levels below the current price and 6 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.1% |
| 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 3024.5% above its all-time low | +3,024% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 2% of the past ~6 months), which often precedes a bigger move | 2nd percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.9684 between its high and its low — about 4.0% 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 | $0.9684 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $23.07 and $25.42 — 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 | $23.07 – $24.25 – $25.42 |
| Typical daily range (% of price) | its price moves about 4.0% 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 | 4.0% |
| 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 | 1.30× |
|---|
Analyst
2
| Change in the average price target | analysts have raised their average price target by 2.7% since the prior reading | +2.7% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
3
| Since a doji | 7 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 7 sessions ago |
|---|---|---|
| Since a hammer | 7 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 7 sessions ago |
| Since a bullish engulfing | 5 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 5 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-10-08 at essentially the same price it closed at the session before — no meaningful overnight gap | -0.1% |
|---|---|---|
| Open gap | it gapped 3.4% below the previous close 1 session ago and has not traded back through the level it left behind at 24.84 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -3.4% |
| Gap filled | a 3.5% gap down opened on 2026-09-28 has been "filled" 5 sessions ago — price traded back through the level the gap left behind, and it took 3 sessions to close | 5 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 7.2 percentage points (the stock lost 6.1% while the market gained 1.0%) | -7.2% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 29.7 percentage points (the stock gained 33.5% while the market gained 3.8%) | +29.7% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 15.4 percentage points (the stock gained 2.0% while the market gained 17.5%) | -15.4% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 50.1 percentage points (the stock lost 35.1% while the market gained 15.0%) | -50.1% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: trading above its 200-day average, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 3 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, MACD momentum is negative, lagging the market over 6 months — these describe past price behaviour, not a forecast | 3 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 3.2% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 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 10.7% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | +3.2% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 2% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $25.02 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | -2.4% |
|---|
Price levels it has turned at before
CMCL last closed at $24.41 on 2026-10-08. Since 2024-10-08 it has turned at 8 prices below its last close and 6 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $24.39 | Support | 0.1% below the last close | turned there three times · 2025-07-23 to 2026-05-29 |
| $25.53 | Resistance | 4.6% above the last close | turned there three times · 2026-01-02 to 2026-05-11 |
| $23.10 | Support | 5.4% below the last close | turned there twice · 2025-12-03 to 2025-12-16 |
| $26.27 | Resistance | 7.6% above the last close | turned there three times · 2025-08-22 to 2026-02-05 |
| $22.22 | Support | 9.0% below the last close | turned there three times · 2025-07-07 to 2026-09-28 |
| $26.93 | Resistance | 10.3% above the last close | turned there twice · 2026-04-17 to 2026-09-09 |
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
Its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.
This labelling fails — stops being a possible reading at all — if it closes below $22.22.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $33.25 and $40.07 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close below $22.22.
This reading has stood for 6 trading days, since 2026-10-01.
Read from daily closes as of 2026-10-08.
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 · Pulled back from the 12-month high · in a Bollinger Band volatility squeeze · Analyst price target recently RAISED · lagging the market | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low · bollinger bands
Based on daily closing prices as of 2026-10-08. 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$43.88 range $39.13 – $47.50; median $45.00
Analyst estimates, as of 2026-10-07. 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)
["Geopolitical and regulatory risks associated with operating in Zimbabwe","Operational risks inherent in deep-level mining and infrastructure development","Sensitivity to fluctuations in global gold prices"]
Insider activity (SEC Form 4)
1 open-market purchase and 0 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 90 days · read to 2026-10-041 buy ($492842) · 0 sells — 1 buying insider
- Last 180 days · read to 2026-10-043 buys ($1M) · 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: 2026-08-13. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
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 1,913,355 shares of reported short interest as of the 2026-09-15 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) 1,913,355
- Prior settlement (shares) 1,902,819
- Reported change 0.55%
- Days to cover (reported) 12.37
Reported to FINRA as of the 2026-09-15 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
- Barrick Gold (GOLD)
- AngloGold Ashanti (AU)
- Gold Fields
- Harmony Gold (HMY)
- Pan African Resources
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does CALEDONIA MINING PLC (CMCL) do?
Caledonia Mining Corporation is a gold production and exploration company with its primary operations located in Zimbabwe. The company's core asset is the Blanket Mine, which it operates and develops through deep-level mining activities. Caledonia also holds additional exploration and development assets, including the Bilboes Gold project.
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 2.32% (market data, as of 2026-09-03). Informational only — not financial advice.
Who are CALEDONIA MINING PLC's (CMCL) competitors?
Notable peers of CALEDONIA MINING PLC (CMCL) include Barrick Gold, AngloGold Ashanti, Gold Fields, Harmony Gold 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 neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 53, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on CMCL come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; 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: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.