StockData
Caledonia Mining Corp Plc logo

Caledonia Mining Corp Plc (CMCL) stock analysis

CMCLNYSEGold and Silver OresFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Score 11/30
$20.00−0.95 (-4.53%)

Close on Nov 11, 2026Market cap $386.10MP/E 7.1Yield –

StockData Score

Prices as of Nov 11, 2026How the score works

Value0Growth4Performance5Health2Dividend0

Mixed11 of 30 checks passed

Caledonia Mining passes 11 of the 30 checks behind our score; 16 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation
0/6
Growth
4/6
Past performance
5/6
Financial health
2/6
Dividend
0/6

What stands out

  • Return on capital over 10%

    Return on invested capital was 41.9%, above the 10% that usually covers the cost of capital.

  • Earnings grew over 5 years

    Net income grew 24.0% a year on average over the last five fiscal years.

  • Revenue growing 10%+ a year

    Revenue grew 23.5% a year over the last three fiscal years.

  • EPS growing 10%+ a year

    Diluted EPS grew 49.3% a year over the last three fiscal years.

What to watch

  • Return on equity under 15%

    Return on equity was 21.7% over the last twelve months and averaged 9.8% over five years; we look for 15% on both.

  • Growing slower than the industry

    Revenue grew 46.2% over the last twelve months; the Materials median is 46.4%.

  • No dividend

    Caledonia Mining has not paid a dividend in the last twelve months.

Valuation0/6

  • P/E against its history

    Not enough price and earnings history to compare.

  • P/E against the industry

    Needs positive earnings and enough profitable companies in the industry.

  • EV/EBITDA against its history

    Needs positive EBITDA and price history.

  • P/B against the industry

    Needs positive book value.

  • Price against fair value

    We could not estimate a fair value: it needs at least two valuation methods with positive inputs.

  • Margin of safety

    Depends on the fair value estimate.

Growth4/6

  • Revenue growing 10%+ a year

    Revenue grew 23.5% a year over the last three fiscal years.

  • EPS growing 10%+ a year

    Diluted EPS grew 49.3% a year over the last three fiscal years.

  • Earnings growth accelerating

    Net income grew 209% over the last twelve months, against a 5-year average of 24.0% a year.

  • Growing slower than the industry

    Revenue grew 46.2% over the last twelve months; the Materials median is 46.4%.

  • Company guidance

    No outlook found in earnings releases from the last twelve months.

  • Gross margin improving

    Gross margin was 51.2% over the last twelve months, against 42.1% a year earlier.

Past performance5/6

  • Return on equity under 15%

    Return on equity was 21.7% over the last twelve months and averaged 9.8% over five years; we look for 15% on both.

  • Return on capital over 10%

    Return on invested capital was 41.9%, above the 10% that usually covers the cost of capital.

  • Return on equity above the industry

    Caledonia Mining's return on equity of 21.7% is above the Materials median of -8.5%.

  • Earnings grew over 5 years

    Net income grew 24.0% a year on average over the last five fiscal years.

  • Net margin above its 5-year average

    Net margin was 20.6% over the last twelve months, against a 5-year average of 9.5%.

  • Net margin above the industry

    Caledonia Mining's net margin of 20.6% is above the Materials median of 10.8%.

Financial health2/6

  • Debt level

    Needs debt and equity figures.

  • Debt trend

    Needs a balance sheet from five years ago with positive equity.

  • Debt coverage

    Needs operating cash flow.

  • Interest well covered

    Operating income covers interest expense 31.2 times.

  • Short-term assets cover short-term debts

    Current assets are 5.73 times current liabilities.

  • Bankruptcy risk (Altman Z)

    Needs market value, working capital and retained earnings.

Dividend0/6

  • No dividend

    Caledonia Mining has not paid a dividend in the last twelve months.

  • Yield against Treasuries

    No dividend.

  • Yield against the market

    No dividend.

  • Dividend stability

    No dividend.

  • Earnings cover

    No dividend.

  • Cash-flow cover

    No dividend.

Scores of similar companies

Fair value

How we estimate it

We don't publish a fair value for Caledonia Mining. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

Medium risk

Average value traded per day
$4.14M
Value traded per 1% price move
$2.03M

Downside

High risk

Typical loss in a bad month
27.4%
Volatility (annualized)
58%
Sharpe ratio, 1 year
-0.59
Beta to the S&P 500 (5Y)
0.90

Typical bad-month loss, week by week

25%: high

Margins

Share of revenue, fiscal years 2015 to 2025

Gross margin

51.2%+4.6 pts over 5 years

Operating margin

41.0%+5.1 pts over 5 years

Net margin

20.6%+1.8 pts over 5 years

See a number that looks wrong?