How to buy Caledonia Mining Corporation stock - 18 April

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How to buy Caledonia Mining Corporation stock

Own Caledonia Mining Corporation stock in just a few minutes.

Caledonia Mining Corporation Plc is a gold business based in the US. Caledonia Mining Corporation shares (CMCL) are listed on the NYSE MKT and all prices are listed in US Dollars.

How to buy shares in Caledonia Mining Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Caledonia Mining Corporation. Find the stock by name or ticker symbol: CMCL. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Caledonia Mining Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Caledonia Mining Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Caledonia Mining Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Caledonia Mining Corporation share price

Use our graph to track the performance of CMCL stocks over time.

Caledonia Mining Corporation shares at a glance

Information last updated 2021-04-13.
52-week rangeUSD$11.0199 - USD$29.0422
50-day moving average USD$14.6549
200-day moving average USD$15.9194
Wall St. target priceN/A
PE ratio 8.1098
Dividend yield USD$0.335 (2.49%)
Earnings per share (TTM) USD$1.73

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Caledonia Mining Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Caledonia Mining Corporation under- or over-valued?

Valuing Caledonia Mining Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Caledonia Mining Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Caledonia Mining Corporation's P/E ratio

Caledonia Mining Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Caledonia Mining Corporation shares trade at around 8x recent earnings.

Caledonia Mining Corporation's EBITDA

Caledonia Mining Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$45.2 million.

The EBITDA is a measure of a Caledonia Mining Corporation's overall financial performance and is widely used to measure a its profitability.

Caledonia Mining Corporation financials

Revenue TTM USD$95 million
Operating margin TTM 39.74%
Gross profit TTM USD$51.7 million
Return on assets TTM 14.68%
Return on equity TTM 17.86%
Profit margin 21.88%
Book value $11.678
Market capitalisation USD$170 million

TTM: trailing 12 months

Shorting Caledonia Mining Corporation shares

There are currently 498,391 Caledonia Mining Corporation shares held short by investors – that's known as Caledonia Mining Corporation's "short interest". This figure is 84.9% up from 269,499 last month.

There are a few different ways that this level of interest in shorting Caledonia Mining Corporation shares can be evaluated.

Caledonia Mining Corporation's "short interest ratio" (SIR)

Caledonia Mining Corporation's "short interest ratio" (SIR) is the quantity of Caledonia Mining Corporation shares currently shorted divided by the average quantity of Caledonia Mining Corporation shares traded daily (recently around 132550.79787234). Caledonia Mining Corporation's SIR currently stands at 3.76. In other words for every 100,000 Caledonia Mining Corporation shares traded daily on the market, roughly 3760 shares are currently held short.

However Caledonia Mining Corporation's short interest can also be evaluated against the total number of Caledonia Mining Corporation shares, or, against the total number of tradable Caledonia Mining Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Caledonia Mining Corporation's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Caledonia Mining Corporation shares in existence, roughly 40 shares are currently held short) or 0.0513% of the tradable shares (for every 100,000 tradable Caledonia Mining Corporation shares, roughly 51 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Caledonia Mining Corporation.

Find out more about how you can short Caledonia Mining Corporation stock.

Caledonia Mining Corporation share dividends

20%

Dividend payout ratio: 20.43% of net profits

Recently Caledonia Mining Corporation has paid out, on average, around 20.43% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.57% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Caledonia Mining Corporation shareholders could enjoy a 3.57% return on their shares, in the form of dividend payments. In Caledonia Mining Corporation's case, that would currently equate to about $0.335 per share.

While Caledonia Mining Corporation's payout ratio might seem low, this can signify that Caledonia Mining Corporation is investing more in its future growth.

Caledonia Mining Corporation's most recent dividend payout was on 29 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 14 April 2021 (the "ex-dividend date").

Have Caledonia Mining Corporation's shares ever split?

Caledonia Mining Corporation's shares were split on a 1:5 basis on 26 June 2017. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Caledonia Mining Corporation shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Caledonia Mining Corporation shares which in turn could have impacted Caledonia Mining Corporation's share price.

Caledonia Mining Corporation share price volatility

Over the last 12 months, Caledonia Mining Corporation's shares have ranged in value from as little as $11.0199 up to $29.0422. A popular way to gauge a stock's volatility is its "beta".

CMCL.US volatility(beta: 0.83)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while Caledonia Mining Corporation's is 0.8263. This would suggest that Caledonia Mining Corporation's shares are less volatile than average (for this exchange).

Caledonia Mining Corporation overview

Caledonia Mining Corporation Plc primarily engages in the operation of a gold mine. The company also explores for and develops mineral properties for precious metals. Its primary asset is the Blanket Mine, a gold mine located in Zimbabwe. The company was formerly known as Caledonia Mining Corporation and changed its name to Caledonia Mining Corporation Plc in March 2016. Caledonia Mining Corporation Plc was incorporated in 1992 and is headquartered in Saint Helier, Jersey. .

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