Caledonia Mining Corporation (CMCL)

Official site

BASIC MATERIALS • GOLD • AMEX

$23.70

+0.32 (+1.37%)

Market Cap: $453.31M

Last updated: Oct 16, 2026 at 5:00 PM ET

Earnings

Performance (10Y)

Beat Rate

48%(13/27)

Avg Surprise

-29.37%

Streak

1 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$0.39

Range$0.39 - $0.39

1 analysts

EPS Revisions

30d

EPS Estimate DriftChange to current

90d ago$0.65-40.0%

60d ago$0.65-40.0%

30d ago$0.29+34.5%

7d ago$0.29+34.5%

Current$0.39

Revenue Consensus

$79M

Range$79M - $79M

1 analysts

Period ending Dec 31, 2026

EPS Consensus$2.41

Range$2.25 - $2.57

2 analysts

Revenue Consensus

$73M

Range$52M - $113M

4 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$2.41	$2.25 - $2.57	-	-	2	-	-
Sep 30, 2026Sep 26EST	-	$0.39	$0.39 - $0.39	-	-	1	1 0 30d	-
Jun 30, 2026Jun 26 Reported Aug 10, 2026Reported Aug 10	$1.36	$0.54	$0.54 - $0.54	+151.85%	Beat	1	1 0 30d	+28.3%
Mar 31, 2026Mar 26 Reported May 11, 2026Reported May 11	$0.00	N/A	-	-100.00%	Miss	1	0 1 30d	-100.0%
Dec 31, 2025Dec 25 Reported Mar 23, 2026Reported Mar 23	$0.56	$0.59	$0.59 - $0.59	-5.08%	Miss	1	0 1 30d	+88.6%
Sep 30, 2025Sep 25 Reported Nov 10, 2025Reported Nov 10	$0.77	$0.78	$0.78 - $0.78	-1.28%	Miss	1	1 0 30d	+552.5%
Jun 30, 2025Jun 25 Reported Aug 11, 2025Reported Aug 11	$1.06	$1.04	$1.04 - $1.04	+1.92%	Beat	0	No revisions (30d)	+141.4%
Mar 31, 2025Mar 25 Reported May 12, 2025Reported May 12	$0.45	$0.19	$0.19 - $0.19	+136.84%	Beat	0	No revisions (30d)	+305.4%
Dec 31, 2024Dec 24 Reported Mar 27, 2025Reported Mar 27	$0.30	$0.16	$0.16 - $0.16	+85.63%	Beat	0	No revisions (30d)	+275.4%
Sep 30, 2024Sep 24 Reported Nov 11, 2024Reported Nov 11	$0.12	$0.00	$0.00 - $0.00	N/A	Beat	0	No revisions (30d)	-64.2%
Jun 30, 2024Jun 24 Reported Aug 12, 2024Reported Aug 12	$0.44	$0.00	$0.00 - $0.00	N/A	Beat	0	No revisions (30d)	+339.1%
Mar 31, 2024Mar 24 Reported May 13, 2024Reported May 13	$0.11	N/A	-	-58.89%	Miss	0	No revisions (30d)	+138.1%
Dec 31, 2023Dec 23 Reported Mar 28, 2024Reported Mar 28	$-0.17	$0.02	$0.02 - $0.02	-946.50%	Miss	0	No revisions (30d)	-141.3%
Sep 30, 2023Sep 23 Reported Nov 14, 2023Reported Nov 14	$0.33	$0.33	$0.33 - $0.33	+0.00%	Beat	0	No revisions (30d)	-45.6%
Jun 30, 2023Jun 23 Reported Aug 10, 2023Reported Aug 10	$0.10	$0.10	$0.10 - $0.10	+0.00%	Beat	0	No revisions (30d)	-86.7%
Mar 31, 2023Mar 23 Reported May 15, 2023Reported May 15	$-0.29	$-0.29	$-0.29 - $-0.29	-0.34%	Miss	0	No revisions (30d)	-307.9%
Dec 31, 2022Dec 22 Reported Mar 24, 2023Reported Mar 24	$0.41	$0.41	$0.41 - $0.41	+0.00%	Beat	0	No revisions (30d)	-2.6%
Sep 30, 2022Sep 22 Reported Nov 10, 2022Reported Nov 10	$0.61	$0.61	$0.61 - $0.61	-0.49%	Miss	0	No revisions (30d)	-11.9%
Jun 30, 2022Jun 22 Reported Aug 11, 2022Reported Aug 11	$0.75	$0.67	$0.67 - $0.67	+11.94%	Beat	0	No revisions (30d)	+19.8%
Mar 31, 2022Mar 22 Reported May 12, 2022Reported May 12	$0.14	$0.14	$0.14 - $0.14	+0.00%	Beat	0	No revisions (30d)	-72.9%
Dec 31, 2021Dec 21 Reported Mar 17, 2022Reported Mar 17	$0.42	$0.42	$0.42 - $0.42	+0.24%	Beat	0	No revisions (30d)	-43.9%
Sep 30, 2021Sep 21 Reported Nov 11, 2021Reported Nov 11	$0.69	$0.69	-	-0.14%	Miss	-	-	+102.6%
Jun 30, 2021Jun 21 Reported Aug 12, 2021Reported Aug 12	$0.63	$0.63	$0.63 - $0.63	-0.63%	Miss	0	No revisions (30d)	+69.2%
Mar 31, 2021Mar 21 Reported May 13, 2021Reported May 13	$0.52	$0.52	$0.52 - $0.52	-0.77%	Miss	0	No revisions (30d)	-9.5%
Dec 31, 2020Dec 20 Reported Mar 22, 2021Reported Mar 22	$0.75	$0.67	-	+11.94%	Beat	-	-	+525.0%
Sep 30, 2020Sep 20 Reported Nov 12, 2020Reported Nov 12	$0.34	$0.68	-	-50.00%	Miss	-	-	+109.9%
Jun 30, 2020Jun 20 Reported Aug 13, 2020Reported Aug 13	$0.37	$0.46	-	-19.57%	Miss	-	-	+38.1%
Mar 31, 2020Mar 20 Reported May 12, 2020Reported May 12	$0.57	$0.34	-	+67.65%	Beat	-	-	+147.8%
Dec 31, 2019Dec 19 Reported Mar 18, 2020Reported Mar 18	$0.12	N/A	-	-77.78%	Miss	0	1 0 30d	-43.1%
Sep 30, 2019Sep 19 Reported Nov 13, 2019Reported Nov 13	$0.16	$0.16	-	+1.25%	Beat	-	-	-51.1%
Jun 30, 2019Jun 19 Reported Aug 13, 2019Reported Aug 13	$0.27	$0.27	$0.27 - $0.27	-0.74%	Miss	0	No revisions (30d)	-23.9%
Mar 31, 2019Mar 19 Reported May 14, 2019Reported May 14	$0.23	$0.00	$0.00 - $0.00	N/A	Beat	0	No revisions (30d)	-42.6%
Dec 31, 2018Dec 18 Reported Mar 20, 2019Reported Mar 20	$0.21	N/A	-	N/A	Beat	0	No revisions (30d)	-56.6%
Sep 30, 2018Sep 18 Reported Nov 14, 2018Reported Nov 14	$0.33	N/A	-	N/A	Beat	-	-	-19.3%
Jun 30, 2018Jun 18 Reported Aug 9, 2018Reported Aug 9	$0.35	N/A	-	N/A	Beat	-	-	+486.7%
Mar 31, 2018Mar 18 Reported May 14, 2018Reported May 14	$0.40	N/A	-	N/A	Beat	-	-	+82.3%
Dec 31, 2017Dec 17 Reported Mar 21, 2018Reported Mar 21	$0.49	N/A	-	N/A	Beat	-	-	+24.6%
Sep 30, 2017Sep 17 Reported Nov 13, 2017Reported Nov 13	$0.41	N/A	-	N/A	Beat	-	-	-
Jun 30, 2017Jun 17 Reported Aug 14, 2017Reported Aug 14	$0.06	N/A	-	N/A	Beat	-	-	-
Mar 31, 2017Mar 17 Reported May 11, 2017Reported May 11	$0.22	N/A	-	N/A	Beat	-	-	-
Dec 31, 2016Dec 16 Reported Mar 21, 2017Reported Mar 21	$0.39	N/A	-	N/A	Beat	-	-	-

Dividends

Dividend Metrics

Forward Yield2.36%

Forward Annual Dividend$0.56

Payout Ratio16.52%

FrequencyQuarterly

Pay MonthsApr, Jun, Sep, Dec

Growth

3Y CAGR+0.00%

5Y CAGR+10.82%

CMCL dividend history and ex-dividend dates Run CMCL in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	6.32	EV/EBITDA	2.96x
Price/FCF	8.76x	FCF Yield	11.42%
Profitability
Profit Margin	24.10%	Operating Margin	61.00%
ROE	27.90%	ROIC	19.65%
Financial Health
Debt/Equity	0.39x	Interest Coverage	17.23x
Current Ratio	5.73x	Quick Ratio	5.03x
Trading Statistics
Beta	0.73	Avg Volume	217.38K
52-Week High	$35.54	52-Week Low	$15.76

Technical Indicators Dashboard

Moving Averages

SMA 10$24.04

SMA 20$23.97

SMA 50$24.22

SMA 200$23.98

EMA 10$23.88

EMA 20$24.02

EMA 50$23.61

EMA 200$23.27

MACD

Line: -0.09Signal: -0.00Hist: -0.09

ADX

ADX: 19.8+DI: 15.6-DI: 20.4

Aroon & PSAR

Aroon Up4.0

Aroon Down48.0

PSAR$24.94

Bollinger Bands

Upper Band$24.85

Lower Band$23.09

%B Position734%(Upper)

Band Width0.35

RSI (14-Day)

Neutral

46.9

Momentum Oscillators

Stoch %K50.1

Stoch %D54.6

Williams %R-46.4

ROC (10d)-0.3%

Momentum-0.07

CCI (20d)-55.2

MFI (14d)49.8

Volatility Measures

ATR (14d)$0.97(4.1%)

StdDev (20d)0.44

Hist Vol28.4%(Moderate)

Volume Flow

VWAP$23.59

OBV4.5M

AD Line-41.0M

CMF (20d)0.308

Volume Metrics

Avg Vol (20d)220.7K

Vol Ratio0.7x

VWMA (20d)$23.95

Pivot Points

R3$24.20

R2$23.89

R1$23.63

Pivot Point$23.32

S1$23.06

S2$22.75

S3$22.49

Advanced Oscillators

TSI-3.60

Ultimate Osc60.5

KST-28.55

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$72.02M	$66.43M	$70.98M	$71.44M	$65.31M	$56.18M	$45.08M	$46.87M	$50.11M	$36.59M	$38.66M	$41.19M
Cost of Revenue	$32.83M	$34.33M	$31.43M	$34.59M	$31.50M	$29.25M	$24.15M	$27.55M	$27.17M	$18.90M	$28.11M	$27.04M
Gross Profit	$39.18M	$32.10M	$39.55M	$36.85M	$33.81M	$26.93M	$20.93M	$19.31M	$22.93M	$17.69M	$10.56M	$14.14M

Operating Expenses	$5.91M	$5.23M	$6.38M	$7.33M	$-1,612,000	$8.23M	$5.84M	$10.60M	$6.81M	$12.36M	$7.96M	$4.15M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$5.91M	$5.23M	$6.41M	$5.65M	$4.87M	$3.83M	$5.42M	$4.66M	$3.97M	$2.61M	$5.78M	$3.15M
Operating Income	$33.27M	$26.87M	$33.16M	$29.52M	$35.42M	$18.69M	$15.09M	$8.71M	$16.13M	$5.33M	$2.60M	$10.00M

Interest Income	$267,000	$963,000	$133,000	$201,000	$121,000	$6,000	$0	$7,000	$3,000	$6,000	$9,000	$21,000
Interest Expense	$1.31M	$3.65M	$1.14M	$870,000	$602,000	$900,000	$787,000	$824,000	$797,000	$732,000	$662,000	$529,000
Income Before Tax	$40.66M	$27.30M	$24.98M	$28.85M	$34.94M	$17.80M	$12.72M	$7.89M	$15.33M	$4.60M	$1.95M	$9.49M
Income Tax Expense	$10.64M	$8.38M	$10.88M	$10.20M	$11.34M	$6.64M	$5.21M	$4.60M	$5.15M	$2.53M	$4.26M	$3.78M

Net Income	$23.81M	$15.85M	$10.70M	$15.12M	$20.49M	$8.91M	$5.87M	$2.27M	$8.28M	$1.49M	$-3,162,000	$4.51M

EBITDA	$37.40M	$34.83M	$29.95M	$33.69M	$39.58M	$22.56M	$17.43M	$15.89M	$22.55M	$13.83M	$7.05M	$14.88M
EBIT	$33.27M	$30.94M	$26.12M	$29.72M	$35.54M	$18.70M	$13.51M	$11.84M	$18.31M	$10.01M	$2.61M	$10.25M

* Some calculated fields are derived from available data when not provided by source

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News

Caledonia Mining Corporation Plc (CMCL) Notes BlackRock Crossing a Notifiable Threshold

Caledonia Mining Corporation Plc (CMCL) announced that BlackRock, Inc. notified them of crossing a reportable holding threshold under AIM Rules on October 14...

TradingView•Oct 16, 2026 1:42 AM ET10/16/26•Neutral

Caledonia Mining Corporation Plc: Notification of Relevant Change to Significant Shareholder

Caledonia Mining Corporation Plc announced that BlackRock, Inc. notified them of a change in its significant shareholding, crossing a notification threshold on October 14...

ACCESS Newswire•Oct 15, 2026 10:00 PM ET10/15/26•Neutral

Caledonia Mining Corporation Plc (CMCL) Notes BlackRock Crossing Disclosure Threshold

Caledonia Mining Corporation Plc announced that it was notified on October 14, 2026, that BlackRock, Inc. had crossed a disclosure threshold under AIM Rules on October 13...

TradingView•Oct 15, 2026 2:11 AM ET10/15/26•Neutral

Caledonia Mining Corporation Plc (CMCL) Says BlackRock Crossed AIM Holding Threshold

Caledonia Mining Corporation Plc (CMCL) announced that BlackRock, Inc. crossed an AIM disclosure threshold on October 13, 2026. A formal TR-1 notification was provided...

TradingView•Oct 15, 2026 2:06 AM ET10/15/26•Neutral

Mine reports leave technical information materially unchanged at Caledonia Mining (CMCL).

Caledonia Mining Corporation Plc (CMCL) has filed NI 43-101 technical reports for its Motapa and Blanket Mine, supporting the mineral resource estimates announced on August 28...

Stock Titan•Oct 13, 2026 6:13 AM ET10/13/26•Neutral

CMCL Valuation and Fair Value

P/E: 6.3x
Forward P/E: 9.5x
EV/EBITDA: 3.0x
P/FCF: 8.8x
PEG: 0.0x
P/B: 1.6x

See GNG's fair value

CMCL Profitability: Margins, ROIC and FCF

Gross margin: 52.6%
Operating margin: 61.0%
Net margin: 24.1%
ROIC: 19.6%
ROE: 27.9%
FCF margin: 18.6%
FCF yield: 11.4%

CMCL Competitors

Company	Ticker
EMX Royalty Corp	EMX
AdvanSix Inc	ASIX
Integra Resources Corp	ITRG
Trilogy Metals Inc	TMQ
NioCorp Developments Ltd. Common Stock	NB
Intrepid Potash Inc	IPI
Rayonier Advanced Materials	RYAM
Algoma Steel Group Inc	ASTL

Sector: Basic Materials

CMCL Analyst Ratings

Consensus: Strong Buy
Analysts: 3
Strong Buy: 2
Buy: 1
Hold: 0
Sell: 0
Strong Sell: 0

CMCL Bull Case vs Bear Case

Bull case

CMCL earns a 19.6% return on invested capital.
CMCL converts 18.6% of revenue into free cash flow.
CMCL has a 24.1% net profit margin.

CMCL Earnings: Beat Rate and Next Report

Beat rate: 5 of 8 quarters (62.5%)
Average surprise: 38.6%
EPS estimate (fiscal period ending Sep 30, 2026): $0.39
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 1 up, 0 down

CMCL Dividend

Forward yield: 2.4%
Payout ratio: 16.5%
3Y DPS growth: 0.0%
5Y DPS growth: 10.8%
Pay months: Apr, Jun, Sep, Dec

CMCL dividend history

Frequently Asked Questions About CMCL

What is CMCL's current dividend yield?

Caledonia Mining Corporation (CMCL) has a forward dividend yield of 2.36%.

Does CMCL pay dividends?

Yes, Caledonia Mining Corporation pays dividends with a forward dividend yield of 2.36%.

What is CMCL's P/E ratio?

Caledonia Mining Corporation has a price-to-earnings (P/E) ratio of 6.32.

What is CMCL's market cap?

Caledonia Mining Corporation (CMCL) has a market capitalization of $453.31M with a current stock price of $23.70.

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