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Caledonia Mining share price today

Caledonia Mining Corporation Plc · CMCL · Materials · Gold · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Caledonia Mining share price: $20.61 at the close on 4 November 2026, −24.6% in a year.

$20.61Price −24.6% in a year
5.9×P/E lower than 90% of the last 1 year
$72.0 MRevenue (Jun 2026) +16.5% on a year ago
$23.8 MProfit (Jun 2026) +16.2% on a year ago
61.0%Operating margin +15.8 points on a year ago
19%ROE FY25
33.9%ROIC against a 7.5% cost of capital: +26.4 points
194%Profit that came in as cash last 3 years

Caledonia Mining Corporation Plc's earnings have grown faster than its share price. Earnings per share grew +210.2% in a year while the price moved −24.6%.

The main question: yearly earnings per share moved +210.2% while the share price moved −24.6%.

The price has been between phases, and the P/E is lower than 90% of its own last 1 year. Over the last four quarters, results have been improving, with profit +16.2% on a year earlier, and 194% of the last 3 years' profit came in as cash. What will decide it: whether the price catches up with earnings that have already grown.

What is the Caledonia Mining share price today?

Caledonia Mining Corporation Plc's share price was $20.61 at the close on 4 November 2026. That is 12.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between $17 and $32, and at that close it sat 25% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running.

Nov 2026: $20.61, 12.9% below its 200-day average.

  • Price $20.61
  • 50-day avg $23.76
  • 200-day avg $23.67
Nov 2026: $20.61, 12.9% below its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$20.86––
18 Jul 2025$20.32––
25 Jul 2025$21.61––
1 Aug 2025$19.88––
8 Aug 2025$23.36––
15 Aug 2025$23.08––
22 Aug 2025$25.64––
29 Aug 2025$25.58––
5 Sep 2025$28.41––
12 Sep 2025$33.13––
19 Sep 2025$33.32$24.72–
26 Sep 2025$36.60$26.10–
3 Oct 2025$36.90$27.56–
10 Oct 2025$34.63$29.13–
17 Oct 2025$34.09$30.61–
24 Oct 2025$31.72$31.63–
31 Oct 2025$28.12$32.14–
7 Nov 2025$27.33$32.36–
14 Nov 2025$28.18$32.54–
21 Nov 2025$26.99$32.19–
28 Nov 2025$30.81$32.01–
5 Dec 2025$24.17$31.12–
12 Dec 2025$25.55$29.94–
19 Dec 2025$26.88$28.74–
26 Dec 2025$27.88$28.02–
2 Jan 2026$26.33$27.33–
9 Jan 2026$29.18$27.05–
16 Jan 2026$27.22$27.26–
23 Jan 2026$31.40$27.43–
30 Jan 2026$27.44$27.63–
6 Feb 2026$28.46$27.68–
13 Feb 2026$30.00$27.81–
20 Feb 2026$30.22$28.15–
27 Feb 2026$31.74$28.81–
6 Mar 2026$25.98$29.17–
13 Mar 2026$25.23$29.07–
20 Mar 2026$21.44$28.68–
27 Mar 2026$22.27$27.78–
2 Apr 2026$23.67$27.40–
10 Apr 2026$25.34$26.73–
17 Apr 2026$26.19$26.40–
24 Apr 2026$25.26$26.01$27.54
1 May 2026$22.62$25.46$27.60
8 May 2026$23.92$24.62$27.62
15 May 2026$23.04$24.04$27.70
22 May 2026$22.80$23.74$27.75
29 May 2026$23.76$23.64$27.77
5 Jun 2026$19.95$23.53$27.71
12 Jun 2026$20.18$23.24$27.57
18 Jun 2026$20.86$22.99$27.49
26 Jun 2026$19.81$22.45$27.27
2 Jul 2026$20.09$21.97$27.02
10 Jul 2026$17.76$21.40$26.67
17 Jul 2026$16.98$20.88$26.22
24 Jul 2026$18.66$20.32$25.76
31 Jul 2026$18.39$19.81$25.33
7 Aug 2026$21.75$19.51$24.92
14 Aug 2026$22.47$19.55$24.69
21 Aug 2026$24.77$19.98$24.57
28 Aug 2026$25.63$20.46$24.52
4 Sep 2026$26.33$21.02$24.45
11 Sep 2026$25.70$21.53$24.41
18 Sep 2026$24.11$22.06$24.30
25 Sep 2026$23.84$22.75$24.29
2 Oct 2026$24.01$23.33$24.26
9 Oct 2026$23.75$23.89$24.24
16 Oct 2026$23.54$24.31$24.16
23 Oct 2026$21.26$24.30$24.03
30 Oct 2026$20.25$24.07$23.78
4 Nov 2026$20.61$23.76$23.67
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 25 of 57 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no S&P 500 reading
10 Oct 2025+61.3%
17 Oct 2025+61.9%
24 Oct 2025+40.5%
31 Oct 2025+31.7%
7 Nov 2025+11.7%
14 Nov 2025+17.7%
21 Nov 2025+3.1%
28 Nov 2025+14.5%
5 Dec 2025−20.9%
12 Dec 2025−26.6%
19 Dec 2025−21.9%
26 Dec 2025−28.1%
2 Jan 2026−30.7%
9 Jan 2026−22.0%
16 Jan 2026−24.3%
23 Jan 2026−2.8%
30 Jan 2026−3.9%
6 Feb 2026+1.2%
13 Feb 2026+5.0%
20 Feb 2026+7.4%
27 Feb 2026+2.6%
6 Mar 2026+9.4%
13 Mar 2026+1.6%
20 Mar 2026−15.5%
27 Mar 2026−12.0%
2 Apr 2026−6.1%
10 Apr 2026−11.1%
17 Apr 2026−6.5%
24 Apr 2026−23.1%
1 May 2026−21.7%
8 May 2026−22.8%
15 May 2026−31.6%
22 May 2026−32.7%
29 May 2026−35.4%
5 Jun 2026−32.9%
12 Jun 2026−32.0%
18 Jun 2026−17.8%
26 Jun 2026−26.0%
2 Jul 2026−28.7%
10 Jul 2026−41.0%
17 Jul 2026−39.8%
24 Jul 2026−29.6%
31 Jul 2026−22.4%
7 Aug 2026−13.9%
14 Aug 2026−7.5%
21 Aug 2026+5.9%
28 Aug 2026+6.2%
4 Sep 2026+27.6%
11 Sep 2026+24.3%
18 Sep 2026+13.6%
25 Sep 2026+14.5%
2 Oct 2026+16.2%
9 Oct 2026+30.6%
16 Oct 2026+35.9%
23 Oct 2026+11.1%
30 Oct 2026+9.0%
4 Nov 2026−4.4%
Each bar is one week, from 2025 to now (57 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved −1% while the S&P 500 moved +23%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Caledonia Mining pay?

Caledonia Mining Corporation Plc paid $0.56 per share over the last four reported quarters. The most recent declaration was $0.14 for Jun 2026. At today's price of $20.61 that is a yield of 2.72%, based on dividends already paid, not a forecast.

A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.

Dividend per share each quarter: latest $0.14 (Jun 2026)

  • Dividend per share $0.14
Dividend per share each quarter: latest $0.14 (Jun 2026)
QuarterDividend per share
Sep 2023$0.14
Dec 2023$0.14
Mar 2024$0.14
Jun 2024$0.14
Sep 2024$0.14
Dec 2024$0.14
Mar 2025$0.14
Jun 2025$0.14
Sep 2025$0.14
Dec 2025$0.14
Mar 2026$0.14
Jun 2026$0.14
Declared dividend per share, $ a share, each reported quarter. 12 quarters on file.

Which stock lists is Caledonia Mining on?

Caledonia Mining is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Caledonia Mining profitable?

Caledonia Mining Corporation Plc earned $23.8 M of net profit in the Jun 2026 quarter, +16.2% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY25 profit was $54.5 M. Over 4 years profit has grown 31.8% a year on average. That is 33.1% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned $20.5 M. 1 of the last 12 reported quarters were loss-making.

For the full year, FY25 profit was $54.5 M (+211.4% on the year before).

FY25 profit $54.5 M (+211.4% on the year before), 31.8% a year over 4 years

  • Net profit $54.5 M
FY25 profit $54.5 M (+211.4% on the year before), 31.8% a year over 4 years
QuarterNet profit
FY21$18.1 M
FY22$15.2 M
FY23$10.9 M
FY23−$8.1 M
FY24$17.5 M
FY25$54.5 M

Growth on a year earlier

  • Growth on a year earlier 211.4%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22−16%
FY23−28.4%
FY23−174.7%
FY24–
FY25211.4%
Top: net profit each year, $ M. Below: growth on the year before, %. 6-year window. A grey bar is lower than the year before.

Jun 2026: $23.8 M (+16.2% on a year earlier), the 6th quarter in a row of growth

  • Net profit (quarterly) $23.8 M
Jun 2026: $23.8 M (+16.2% on a year earlier), the 6th quarter in a row of growth
QuarterNet profit (quarterly)
Sep 2023$4.3 M
Dec 2023−$6.9 M
Mar 2024$1.4 M
Jun 2024$8.1 M
Sep 2024$2.3 M
Dec 2024$4.9 M
Mar 2025$8.6 M
Jun 2025$20.5 M
Sep 2025$15.1 M
Dec 2025$10.0 M
Mar 2026$15.9 M
Jun 2026$23.8 M

Growth on a year earlier

  • Growth on a year earlier 16.2%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024−46.6%
Dec 2024–
Mar 2025513.7%
Jun 2025153.6%
Sep 2025554.8%
Dec 2025102.8%
Mar 202684.9%
Jun 202616.2%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +16.5% on a year earlier and the margin moved +15.8 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +189.7% and revenue +35.2%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.

How much revenue does Caledonia Mining make, and is it growing?

Caledonia Mining Corporation Plc reported $72.0 M of revenue in the Jun 2026 quarter, +16.5% on the same quarter a year earlier. That is the 10th quarter in a row with growth on the year before. Over 4 years it has grown 21.9% a year on average. The last full year, FY25, came in at $254 M.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $272 M.

The quarterly figures for FY22 do not add up to the full-year total on file, so those quarters are left out of the charts and sums.

FY25 revenue was $254 M, +46.3% on the year before.

FY25 revenue $254 M (+46.3% on the year before), 21.9% a year over 4 years

  • Revenue $254 M
FY25 revenue $254 M (+46.3% on the year before), 21.9% a year over 4 years
QuarterRevenue
FY21$115 M
FY22$142 M
FY23$135 M
FY23$139 M
FY24$174 M
FY25$254 M

Growth on a year earlier

  • Growth on a year earlier 46.3%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2223.3%
FY23−5%
FY232.8%
FY2425.3%
FY2546.3%
Top: revenue each year, $ M. Below: growth on the year before, %. 6-year window. A grey bar is lower than the year before.

Jun 2026: $72.0 M (+16.5% on a year earlier), the 10th quarter in a row of growth

  • Revenue (quarterly) $72.0 M
Jun 2026: $72.0 M (+16.5% on a year earlier), the 10th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023$39.0 M
Dec 2023$36.7 M
Mar 2024$36.6 M
Jun 2024$47.6 M
Sep 2024$44.4 M
Dec 2024$45.1 M
Mar 2025$53.4 M
Jun 2025$61.8 M
Sep 2025$68.0 M
Dec 2025$71.0 M
Mar 2026$60.8 M
Jun 2026$72.0 M

Growth on a year earlier

  • Growth on a year earlier 16.5%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 2023–
Mar 202430.9%
Jun 202435.8%
Sep 202414%
Dec 202422.9%
Mar 202545.9%
Jun 202529.7%
Sep 202552.9%
Dec 202557.4%
Mar 202613.9%
Jun 202616.5%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +35.2% on average, against 21.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +32.7%, against +30.4% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +78.4%, against +205.8% a year (rolling over).

How much of every $100 of sales does Caledonia Mining keep?

Caledonia Mining Corporation Plc's operating margin was 61.0% in the Jun 2026 quarter, 15.8 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 6 years it has been between 13.3% and 41.0%. The latest quarter is above every full year in that period.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Across 6 years it has been between 13.3% and 41.0%, and FY25's 41.0% is the highest of them.

Why the margin moved: operating margin changed +15.8 percentage points on the year while gross margin changed −1.1 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

FY25: 41.0%, the highest in a range of 13.3% to 41.0% over 6 years

  • Operating margin 41.0%
FY25: 41.0%, the highest in a range of 13.3% to 41.0% over 6 years
QuarterOperating margin
FY2132.9%
FY2221.2%
FY2333.4%
FY2313.3%
FY2431.2%
FY2541%

Change on the year before (points)

  • Change on the year before (points) +9.8 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22−11.7 pts
FY23+12.2 pts
FY23−20.1 pts
FY24+17.9 pts
FY25+9.8 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 6-year window.

Jun 2026: operating margin 61.0% (+15.8 points on a year earlier)

  • Operating margin 61.0%
Jun 2026: operating margin 61.0% (+15.8 points on a year earlier)
QuarterOperating margin
Sep 202326.3%
Dec 20238.1%
Mar 202427.4%
Jun 202438.4%
Sep 202426.6%
Dec 202426.6%
Mar 202536.9%
Jun 202545.2%
Sep 202544.4%
Dec 202536.8%
Mar 202648.7%
Jun 202661%

Change on a year earlier (points)

  • Change on a year earlier (points) +15.8 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023–
Dec 2023–
Mar 2024+33.1 pts
Jun 2024+20.7 pts
Sep 2024+0.3 pts
Dec 2024+18.5 pts
Mar 2025+9.5 pts
Jun 2025+6.8 pts
Sep 2025+17.8 pts
Dec 2025+10.2 pts
Mar 2026+11.8 pts
Jun 2026+15.8 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Caledonia Mining's profit turning into cash?

Over the last 3 years, 194% of Caledonia Mining Corporation Plc's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $76.2 M of operating cash against $54.5 M of profit. After $36.1 M of spending on assets, $40.1 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $76.2 M against profit $54.5 M; 194% of 3 years' profit came in as cash

  • Operating cash $76.2 M
  • Net profit $54.5 M
  • Free cash $40.1 M
FY25: operating cash $76.2 M against profit $54.5 M; 194% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21$30.9 M$18.1 M−$6.9 M
FY22$42.6 M$15.2 M$1.1 M
FY23$42.6 M$10.9 M−$1.5 M
FY23$14.8 M−$8.1 M−$15.6 M
FY24$42.0 M$17.5 M$10.6 M
FY25$76.2 M$54.5 M$40.1 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 6-year window, yearly figures.

Jun 2026: operating cash $28.4 M = 119% of the quarter's profit

  • Operating cash (quarterly) $28.4 M
Jun 2026: operating cash $28.4 M = 119% of the quarter's profit
QuarterOperating cash (quarterly)
Sep 2023$14.5 M
Dec 2023$3.4 M
Mar 2024$4.9 M
Jun 2024$19.1 M
Sep 2024$4.6 M
Dec 2024$13.4 M
Mar 2025$13.3 M
Jun 2025$28.1 M
Sep 2025$13.7 M
Dec 2025$21.3 M
Mar 2026$18.9 M
Jun 2026$28.4 M

Operating cash as % of profit

  • Operating cash as % of profit 119%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 2023335%
Dec 2023–
Mar 2024350%
Jun 2024236%
Sep 2024199%
Dec 2024271%
Mar 2025156%
Jun 2025137%
Sep 202591%
Dec 2025212%
Mar 2026119%
Jun 2026119%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Caledonia Mining's cash go?

Caledonia Mining Corporation Plc does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $97.8 M on assets over the last 3 years. Averaged over those years that is 12.8% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $97.8 M over the last 3 years.

FY25: capex $36.1 M, steady spending

  • Capex $36.1 M
FY25: capex $36.1 M, steady spending
QuarterCapex
FY21$37.8 M
FY22$41.5 M
FY23$44.1 M
FY23$30.4 M
FY24$31.3 M
FY25$36.1 M
Capital spending each year, $ M.

Jun 2026: capex $11.0 M in the quarter

  • Capex (quarterly) $11.0 M
Jun 2026: capex $11.0 M in the quarter
QuarterCapex (quarterly)
Sep 2023$10.2 M
Dec 2023$9.3 M
Mar 2024$4.2 M
Jun 2024$7.6 M
Sep 2024$7.0 M
Dec 2024$12.5 M
Mar 2025$8.5 M
Jun 2025$12.3 M
Sep 2025$7.8 M
Dec 2025$7.5 M
Mar 2026$6.6 M
Jun 2026$11.0 M

Free cash

  • Free cash $17.4 M
Free cash
QuarterFree cash
Sep 2023$4.3 M
Dec 2023−$6.0 M
Mar 2024$0.7 M
Jun 2024$11.5 M
Sep 2024−$2.4 M
Dec 2024$0.9 M
Mar 2025$4.9 M
Jun 2025$15.7 M
Sep 2025$5.9 M
Dec 2025$13.8 M
Mar 2026$12.3 M
Jun 2026$17.4 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Caledonia Mining's P/E ratio, and how does it compare with its own history?

Caledonia Mining Corporation Plc's P/E is 5.9×, near the low end of its own history: it has been lower only 10% of the time. Its usual P/E (the middle reading) is 9.1×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.

P/E 5.9× against a usual 9.1×: near the low end of its own history: it has been lower only 10% of the time

  • P/E 5.93×
  • Median 9.06×
P/E 5.9× against a usual 9.1×: near the low end of its own history: it has been lower only 10% of the time
WeekP/EMedian
11 Jul 202511.1×9.06×
18 Jul 202510.8×9.06×
25 Jul 202511.5×9.06×
1 Aug 202510.6×9.06×
8 Aug 202512.4×9.06×
15 Aug 202512.3×9.06×
22 Aug 202513.7×9.06×
29 Aug 202513.6×9.06×
5 Sep 202515.1×9.06×
12 Sep 202517.7×9.06×
19 Sep 202517.8×9.06×
26 Sep 202517.8×9.06×
3 Oct 202514.6×9.06×
10 Oct 202513.7×9.06×
17 Oct 202513.5×9.06×
24 Oct 202512.6×9.06×
31 Oct 202511.1×9.06×
7 Nov 202510.8×9.06×
14 Nov 202511.2×9.06×
21 Nov 202510.7×9.06×
28 Nov 202512.2×9.06×
5 Dec 20259.57×9.06×
12 Dec 202510.1×9.06×
19 Dec 202510.6×9.06×
26 Dec 202511.0×9.06×
2 Jan 20269.32×9.06×
9 Jan 202610.3×9.06×
16 Jan 20269.64×9.06×
23 Jan 202611.1×9.06×
30 Jan 20269.72×9.06×
6 Feb 202610.1×9.06×
13 Feb 202610.6×9.06×
20 Feb 202610.7×9.06×
27 Feb 202611.2×9.06×
6 Mar 20269.20×9.06×
13 Mar 20268.93×9.06×
20 Mar 20267.59×9.06×
27 Mar 20267.89×9.06×
2 Apr 20267.45×9.06×
10 Apr 20267.97×9.06×
17 Apr 20268.24×9.06×
24 Apr 20267.95×9.06×
1 May 20267.12×9.06×
8 May 20267.53×9.06×
15 May 20267.25×9.06×
22 May 20267.17×9.06×
29 May 20267.48×9.06×
5 Jun 20266.28×9.06×
12 Jun 20266.35×9.06×
18 Jun 20266.56×9.06×
26 Jun 20266.23×9.06×
2 Jul 20265.78×9.06×
10 Jul 20265.11×9.06×
17 Jul 20264.88×9.06×
24 Jul 20265.37×9.06×
31 Jul 20265.29×9.06×
7 Aug 20266.25×9.06×
14 Aug 20266.46×9.06×
21 Aug 20267.12×9.06×
28 Aug 20267.37×9.06×
4 Sep 20267.57×9.06×
11 Sep 20267.39×9.06×
18 Sep 20266.93×9.06×
25 Sep 20266.85×9.06×
2 Oct 20266.90×9.06×
9 Oct 20266.83×9.06×
16 Oct 20266.77×9.06×
23 Oct 20266.11×9.06×
30 Oct 20265.82×9.06×
4 Nov 20265.93×9.06×

Earnings per share, 12 months

  • Earnings per share, 12 months $3.48
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Jul 2025–
18 Jul 2025–
25 Jul 2025–
1 Aug 2025–
8 Aug 2025–
15 Aug 2025–
22 Aug 2025–
29 Aug 2025–
5 Sep 2025–
12 Sep 2025–
19 Sep 2025–
26 Sep 2025$1.88
3 Oct 2025$1.88
10 Oct 2025$1.88
17 Oct 2025$1.88
24 Oct 2025$1.88
31 Oct 2025$1.88
7 Nov 2025$1.88
14 Nov 2025$1.88
21 Nov 2025$1.88
28 Nov 2025$1.88
5 Dec 2025$1.88
12 Dec 2025$1.88
19 Dec 2025$1.88
26 Dec 2025$2.53
2 Jan 2026$2.53
9 Jan 2026$2.53
16 Jan 2026$2.53
23 Jan 2026$2.53
30 Jan 2026$2.53
6 Feb 2026$2.53
13 Feb 2026$2.53
20 Feb 2026$2.53
27 Feb 2026$2.53
6 Mar 2026$2.53
13 Mar 2026$2.53
20 Mar 2026$2.53
27 Mar 2026$2.82
2 Apr 2026$2.82
10 Apr 2026$2.82
17 Apr 2026$2.82
24 Apr 2026$2.82
1 May 2026$2.82
8 May 2026$2.82
15 May 2026$2.82
22 May 2026$2.82
29 May 2026$2.82
5 Jun 2026$2.82
12 Jun 2026$2.82
18 Jun 2026$2.82
26 Jun 2026$3.18
2 Jul 2026$3.18
10 Jul 2026$3.18
17 Jul 2026$3.18
24 Jul 2026$3.18
31 Jul 2026$3.18
7 Aug 2026$3.18
14 Aug 2026$3.18
21 Aug 2026$3.18
28 Aug 2026$3.18
4 Sep 2026$3.18
11 Sep 2026$3.18
18 Sep 2026$3.18
25 Sep 2026$3.48
2 Oct 2026$3.48
9 Oct 2026$3.48
16 Oct 2026$3.48
23 Oct 2026$3.48
30 Oct 2026$3.48
4 Nov 2026$3.48
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 1 year of history; short peaks above 18× are drawn at the top edge.

PEG 0.07 at the Jun 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate

  • PEG 0.07×
  • PEG = 1.0 1.00×
PEG 0.07 at the Jun 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate
QuarterPEGPEG = 1.0
Jun 20250.03×1.00×
Sep 20250.02×1.00×
Dec 20250.04×1.00×
Mar 20260.05×1.00×
Jun 20260.07×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Worked out here as the quarter-end P/E divided by the growth in earnings per share over the last 12 months (only quarters with positive growth), because a reported quarterly PEG is not available for this stock. Last 5 quarters.
5.9×P/E · lower than 90% of its last 1 year
1.05PEG · today, derived from 3-year earnings growth

Why the multiple is where it is: over the past year earnings per share moved +210.2% while the price moved −24.6%. Earnings did better than the price, which pulled the multiple down within its own range.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Is the Caledonia Mining business getting better or worse?

Caledonia Mining Corporation Plc's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 10 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +46.3% in FY25, profit +211.4%

  • Revenue growth 46.3%
Growth year by year: revenue +46.3% in FY25, profit +211.4%
QuarterRevenue growth
FY21–
FY2223.3%
FY23−5%
FY232.8%
FY2425.3%
FY2546.3%

Profit growth, EPS growth

  • Profit growth 211.4%
  • EPS growth 210.2%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22−16%−42.8%
FY23−28.4%−0.4%
FY23−174.7%−151.9%
FY24––
FY25211.4%210.2%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue stabilising, profit rolling over

  • Revenue 16.5%
Three growth lines over twelve quarters: revenue stabilising, profit rolling over
QuarterRevenue
Sep 2023–
Dec 2023–
Mar 202430.9%
Jun 202435.8%
Sep 202414%
Dec 202422.9%
Mar 202545.9%
Jun 202529.7%
Sep 202552.9%
Dec 202557.4%
Mar 202613.9%
Jun 202616.5%

Profit, EPS

  • Profit 16.2%
  • EPS 85.4%
Profit, EPS
QuarterProfitEPS
Sep 2023––
Dec 2023––
Mar 2024––
Jun 2024––
Sep 2024−46.6%–
Dec 2024––
Mar 2025300%–
Jun 2025153.6%300%
Sep 2025300%300%
Dec 2025102.8%227%
Mar 202684.9%156.9%
Jun 202616.2%85.4%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 30.3%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 2023–
Dec 20237.3%
Mar 202410.6%
Jun 202414.5%
Sep 202414.8%
Dec 202417.7%
Mar 202520.7%
Jun 2025–
Sep 2025–
Dec 2025–
Mar 2026–
Jun 202630.3%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Turning downRevenue growth · latest +16.5%, range +13.9% to +52.9%
RisingROCE · latest 30.3%, range 7.3% to 30.3%

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+46.3%+21.4%——
Profit+211.4%+53.1%——
EPS+210.2%+49.3%——
Stock price−24.6%———
+16.5%Revenue growth (Jun 2026) · latest quarter against a year ago
+16.2%Profit growth (Jun 2026) · latest quarter against a year ago
21.9%Revenue, 4 years · yearly growth over the long run

How much does Caledonia Mining earn on its capital?

Caledonia Mining Corporation Plc earned a ROE of 19% in FY25. That is up from a low of −4% in FY23. Its return on capital used (ROIC) is 26.4 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 21.5% net margin and 0.62× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a 21.5% net margin × 0.62× asset turnover × 1.45× leverage (assets divided by equity) ≈ 19.3% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 33.9% − 7.5% = +26.4 percentage points. The 7.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.

The 33.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 24.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY25: ROE 19%, the climb back from FY23's −4%

  • ROE 19.2%
  • ROIC (annual) 24.9%
  • Cost of capital 7.5%
FY25: ROE 19%, the climb back from FY23's −4%
QuarterROEROIC (annual)Cost of capital
FY2110%15.2%7.5%
FY229.6%10.3%7.5%
FY236.9%−5.5%7.5%
FY23−3.6%−5.5%7.5%
FY247.5%12.4%7.5%
FY2519.2%24.9%7.5%
Return on equity each year, % (line); ROIC each year, % (line). 6-year window, low years included. The flat line is the 7.5% cost of capital used on this page.

Jun 2026: ROIC 28.1% (last 12 months) against a 7.5% cost of capital

  • ROIC (12 months) 28.1%
  • ROE (12 months) 26%
  • Cost of capital 7.5%
Jun 2026: ROIC 28.1% (last 12 months) against a 7.5% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Sep 20237.4%0.4%7.5%
Dec 20234.9%8.6%7.5%
Mar 20243%−10.7%7.5%
Jun 20245.4%3.4%7.5%
Sep 20249.3%15.3%7.5%
Dec 20248.8%4.8%7.5%
Mar 202510.2%10.4%7.5%
Jun 202513.3%18.7%7.5%
Sep 202516.3%37.4%7.5%
Dec 202522.1%27.7%7.5%
Mar 202625%20.1%7.5%
Jun 202628.1%26%7.5%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Caledonia Mining have too much debt?

Caledonia Mining Corporation Plc has total debt of $117 M against shareholder equity of $324 M as of Jun 2026, so its debt is 0.36× its equity. Year by year, that ratio went from 0.01 in FY21 to 0.11 in FY25. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $32.6 M, 0.11× equity

  • Total debt $32.6 M
FY25: debt $32.6 M, 0.11× equity
QuarterTotal debt
FY21$1.4 M
FY22$12.7 M
FY23$12.7 M
FY23$25.1 M
FY24$25.1 M
FY25$32.6 M

Debt-to-equity

  • Debt-to-equity 0.11×
Debt-to-equity
QuarterDebt-to-equity
FY210.01×
FY220.08×
FY230.08×
FY230.11×
FY240.11×
FY250.11×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 6-year window.

Jun 2026: debt $117 M, debt-to-equity 0.36

  • Total debt (quarterly) $117 M
Jun 2026: debt $117 M, debt-to-equity 0.36
QuarterTotal debt (quarterly)
Sep 2023$21.3 M
Dec 2023$25.1 M
Mar 2024$23.2 M
Jun 2024$28.0 M
Sep 2024$25.8 M
Dec 2024$25.1 M
Mar 2025$27.9 M
Jun 2025$28.0 M
Sep 2025$23.8 M
Dec 2025$32.6 M
Mar 2026$116 M
Jun 2026$117 M

Debt-to-equity

  • Debt-to-equity 0.36×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.08×
Dec 20230.11×
Mar 20240.09×
Jun 20240.10×
Sep 20240.10×
Dec 20240.11×
Mar 20250.11×
Jun 20250.11×
Sep 20250.09×
Dec 20250.11×
Mar 20260.39×
Jun 20260.36×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

What is the Caledonia Mining shareholding pattern?

We have no ownership or short-position figures for Caledonia Mining Corporation Plc, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 8.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

How far is Caledonia Mining from balance-sheet trouble?

For Caledonia Mining Corporation Plc, the Z-score is 2.89. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 2.89 is in the grey area, neither clearly safe nor clearly in trouble.

How does Caledonia Mining rank in its industry?

There is no score against its industry: Caledonia Mining Corporation Plc is not among the largest members shown in this industry comparison for Gold.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

Which companies is Caledonia Mining compared with?

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Which companies are close to Caledonia Mining in size?

Caledonia Mining is the 34th largest of 36 Gold companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Osisko Development Corp., Mako Mining Corp., Gold Royalty Corp. and Galiano Gold Inc. Just below it: TRX Gold Corporation and Idaho Strategic Resources, Inc.

Gold companies close in size

  1. Osisko Development Corp. $744 million
  2. Mako Mining Corp. $693 million
  3. Gold Royalty Corp. $670 million
  4. Galiano Gold Inc. $549 million
  5. Caledonia Mining Corporation Plc $398 million
  6. TRX Gold Corporation $319 million
  7. Idaho Strategic Resources, Inc. $317 million

All 36 Gold companies, largest first

Companies close in size in other industries

  1. Open Lending Corporation $372 million · Credit Services
  2. Timberland Bancorp, Inc. $369 million · Banks - Regional
  3. Caledonia Mining Corporation Plc $368 million
  4. Farmland Partners Inc. $367 million · REIT - Specialty
  5. Primis Financial Corp. $367 million · Banks - Regional

What else do people ask about Caledonia Mining?

What were Caledonia Mining's latest quarterly results?

Caledonia Mining Corporation Plc reported revenue of $72.0 M and net profit of $23.8 M for the Jun 2026 quarter. Revenue rose 16.5% and profit rose 16.2% compared with a year earlier. Earnings per share were $1.36.

The operating margin was 61.0%, 15.8 percentage points higher than a year earlier (as of 4 November 2026).

What is Caledonia Mining's market cap?

Caledonia Mining Corporation Plc's market capitalisation is $398 M at a stock price of $20.61. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Caledonia Mining performing?

Caledonia Mining Corporation Plc's latest readings are below. In its latest quarter, revenue rose 16.5% and profit rose 16.2% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 1 week running.

This describes what the data did, not a rating (as of 4 November 2026).

Will Caledonia Mining's stock price go up?

This page does not forecast Caledonia Mining Corporation Plc's stock price. What it shows instead: the stock price is $20.61. Its P/E of 5.9× is higher than 10% of its own last 1 years.

Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Is Caledonia Mining's profit real cash?

Yes, over the last 3 years, 194% of Caledonia Mining Corporation Plc's reported profit came in as cash from operations. The latest year was lower at 140%, so the trend is worth watching. In FY25, operating cash was $76.2 M against reported profit of $54.5 M.

Most of that cash then goes into building new capacity. These are yearly figures (as of 4 November 2026).

Where is Caledonia Mining in its business cycle?

Caledonia Mining Corporation Plc's FY25 operating margin was 41.0%, against a 6-year range of 13.3% to 41.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 61.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Caledonia Mining story?

The main question: yearly earnings per share moved +210.2% while the share price moved −24.6%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Caledonia Mining a stock worth studying right now?

What the numbers show: Caledonia Mining Corporation Plc's earnings have grown faster than its share price. Earnings per share grew +210.2% in a year while the price moved −24.6%. The main open question: whether the price catches up with earnings that have already grown.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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