Caledonia Mining Corporation Plc (CMCL)
Caledonia Mining Corporation Plc (CMCL) Q1 2025 Earnings Call Transcript
Caledonia Mining Corporation Plc (NYSE:CMCL ) Q1 2025 Earnings Conference Call May 12, 2025 9:00 AM ET Company Participants Mark Learmonth - CEO Ross Jerrard - CFO Rusiano Tsoka - Group Safety, Health and Environment Manager, Blanket Mine Victor Gapare - Executive Director Craig Harvey - VP, Technical Services James Mufara - COO Conference Call Participants Howard Flinker - Flinker Nic Dinham - SBG Securities Operator Ladies and gentlemen, welcome to the Caledonia Mining Q1 Results Presentation. I'd like to hand over to Mark Learmonth, CEO.
Caledonia Mining: An undervalued 'nugget' in the gold space
For investors searching for undervalued names in the gold space, broker Cavendish believes Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) stands out as a compelling opportunity. The Zimbabwe-based gold producer is trading well below its estimated fair value, despite strong free cash flow, consistent dividends and a positive outlook on production.
Caledonia Mining hails 'exceptional' first quarter as profits surge on strong gold prices
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) delivered what chief executive Mark Learmonth described as an 'exceptional' first quarter, with higher production and surging gold prices lifting profits and cash flow. The Zimbabwe-focused gold producer reported revenue of $56.2 million for the three months to 31 March, a 46% jump on the same period last year.
Caledonia Mining ‘delighted' as Blanket mine sets new gold record
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) told investors it has seen record first-quarter gold production from its Blanket mine, in Zimbabwe. Output reached 18,671 ounces in the three months to the end of March, versus 17,050 ounces in same period last year and beat the prior Q1 record of 18,515 ounces set in 2022.
Caledonia Mining completes solar sale
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) confirmed it has now completed the sale of its solar plant, for $22.35 million. It sold the subsidiary that owns and operates a 12.2MWac solar plant that continues to supply power to the Blanket Mine under an exclusive power purchase agreement.
Caledonia Mining expects to harvest cash as gold prices stay high - ICYMI
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) this week reported a strong financial and operational performance for 2024, supported by higher gold prices and stable production levels. At the same time, the company told investors that it had opted to enhance the project's ongoing feasibility study – to improve the project and its economics.
Caledonia Mining's enhanced Bilboes feasibility will be worth the wait - broker
An enhanced feasibility study will be worth the wait for Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) and its investors, that's the view of analysts at Panmure Liberum. Caledonia yesterday released results for 2024 and revealed that the feasibility study for the Bilboes project had been extended to evaluate options that could significantly reduce capital costs.
Caledonia Mining Corporation Plc (CMCL) Q4 2024 Earnings Call Transcript
Caledonia Mining Corporation Plc (NYSE:CMCL ) Q4 2024 Earnings Conference Call March 31, 2025 9:00 AM ET Company Participants Mark Learmonth - CEO James Mufara - Chief Operating Officer Conference Call Participants Nic Dinham - SBG Securities Howard Flinker - Flinker Tate Sullivan - Maxim Group Duncan Hay - Panmure Liberum Operator Ladies and gentlemen, welcome to the Caledonia Mining Q4 Results Presentation. I'd now like to hand you across to Mark Learmonth, the CEO.
Caledonia Mining presents an opportunity ahead of key Bilboes study - analyst
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) market value presents an opportunity according to stockbroker Cavendish – which, with a 1,800p price target, pencils in some 95% upside potential. The Zimbabwe-based miner today released annual results that Cavendish analyst Will Dymott described as ‘in line with our expectations', and confirmed that it had made a strong start to 2025.
Caledonia Mining cheers “year of significant progress”
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) described 2024 as ‘a year of significant progress', financially and operationally, as it reported record annual results. Operating cash flow totalled $42 million, from $14.8 million, on 76,656 ounces of gold production.
Caledonia Mining to review further optimisation options at Bilboes
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) has updated investors on its ongoing programme for the feasibility study on the Bilboes project, which is seen as a transformational project. The company, in a statement, said it now going to review several optimisation options that could improve project economics and reduce upfront capital costs.
Caledonia Mining: Optimism In Zimbabwe While Gold Is Bullish - Possible Dip Ahead
Caledonia Mining Corporation Plc maintains a Buy rating due to consistent gold production, promising project developments, and positive outlook amid rising gold prices. The company's Blanket Mine exceeded production expectations, while the Bilboes Sulphide Project and Motapa exploration show strong potential for future growth. Despite higher operating costs, Caledonia's financial health remains robust, supported by a favorable Altman Z-Score and ongoing dividend payments.
