Caledonia Remains Very Attractive In The Gold Mining Space [Seeking Alpha]
Caledonia Mining Corporation Plc Common Shares (CMCL)
NASDAQ:AMEX Investor Relations:
caledoniamining.com
Company Research
Source: Seeking Alpha
Summary Miner is just after announcing a very strong first quarter. Guidance has been left unchanged for 2020. We are aware of the short-term risks but long-term potential remains more compelling. Investing in gold mining stocks is a speculative play on the price of gold. The reason being is that mining companies irrespective of what they mine are still equities in their own right. We know from history in this industry that timing is a crucial component of running a successful mining company. For example, with gold rallying past $1560 today, properly run miners should do very well when compared to gold prices last year for example. We are long Caledonia Mining Corporation (NYSEMKT: CMCL Blanket CEO production Now remember these guidance numbers are based off the price of the metal as well as production. This is the first risk with Caledonia. Its share price dropped a lot over the past few weeks due to elevated volatility in the gold price. The second shoe to drop here though could be
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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