Caledonia Mining Corporation Plc [CMCL] stock is trading at $21.49, up 2.82%. An important factor to consider is whether the stock is rising or falling in short-term value. The CMCL shares have gain 11.17% over the last week, with a monthly amount glided 21.55%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Caledonia Mining Corporation Plc [AMEX: CMCL] stock has seen the most recent analyst activity on December 16, 2024, when Maxim Group initiated its Buy rating and assigned the stock a price target of $17. Previously, Liberum upgraded its rating to Buy on July 06, 2023.
Caledonia Mining Corporation Plc [CMCL] stock has fluctuated between $8.81 and $21.20 over the past year. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Caledonia Mining Corporation Plc [AMEX: CMCL] shares were valued at $21.49 at the most recent close of the market. An investor can expect a potential drop of -2.28% based on the average CMCL price forecast.
Analyzing the CMCL fundamentals
Caledonia Mining Corporation Plc [AMEX:CMCL] reported sales of 190.57M for the trailing twelve months, which represents a growth of 45.94%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.00 points at the first support level, and at 20.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.74, and for the 2nd resistance point, it is at 21.98.
Ratios To Look Out For
For context, Caledonia Mining Corporation Plc’s Current Ratio is 1.48. On the other hand, the Quick Ratio is 0.96, and the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 2.18, the price to book ratio is 1.88 and price to earnings (TTM) ratio is 16.21.
