NYSEAM:CMCLMetals and Mining
Caledonia Mining (CMCL) Is Up 8.7% After Margin Gains Offset Lower Output In Q1 2026 Results – Has The Bull Case Changed?
Caledonia Mining Corporation Plc has reported its first-quarter 2026 results, with gold production at the Blanket Mine falling to 14,767 ounces from 18,671 ounces a year earlier, while sales rose to US$66.43 million and net income increased to US$15.85 million, alongside a maintained quarterly dividend of US$0.14 per share.
Despite lower output, Caledonia’s higher realized gold prices, sharply higher earnings per share, stronger free cash flow and ongoing Bilboes project progress, together...