Caledonia Mining Corporation Plc Announcement of gold support price for Zimbabwean gold miners
Caledonia Mining Corporation Plc Common Shares (CMCL)
NASDAQ:AMEX Investor Relations:
caledoniamining.com
Company Research
Source: GlobeNewswire
ST. HELIER, Jersey, May 13, 2019 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) notes the recent press statement from Fidelity Printers & Refiners in Zimbabwe (“Fidelity”) regarding the Gold Support Price. Caledonia’s operating subsidiary Blanket Mine (“Blanket”) sells its gold production to Fidelity in Zimbabwe and is contractually entitled to receive a price which is derived from the afternoon price fixed by the London Bullion Market Association (the “LBMA price”) the day after the bullion delivered has been assayed. The announcement by Fidelity states that to incentivize gold production in Zimbabwe it will pay an incentive price over and above the contractual purchase price. This incentive price will be $44,000 per kilogram ($1,368.55/ounce), a premium of approximately $86/ounce (6.7%) on the current prevailing LBMA Spot price. At this stage it is unclear how long the gold support price will remain in place, how, when and by what rationale i
Show less
Read more
Impact Snapshot
Event Time:
CMCL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CMCL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CMCL alerts
High impacting Caledonia Mining Corporation Plc Common Shares news events
Weekly update
A roundup of the hottest topics
CMCL
News
- Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholderGlobeNewswire
- Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholderGlobeNewswire
- Caledonia Mining Corporation Plc: Issue of Securities Pursuant to Long Term Incentive Plan Awards and Issue of New Long Term Incentive Plan AwardsGlobeNewswire
- Caledonia Mining Corporation Plc Notification of relevant change to significant shareholderGlobeNewswire
- Caledonia Mining Corporation Plc Blanket Mine Q1 2024 ProductionGlobeNewswire
CMCL
Sec Filings
- 4/30/24 - Form NT
- 4/16/24 - Form 6-K
- 4/15/24 - Form 6-K
- CMCL's page on the SEC website