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Market Cap

UK£129.2m

Last Updated

2021/05/09 17:45 UTC

Data Sources

Company Financials +

Executive Summary

Caledonia Mining Corporation Plc primarily engages in the operation of a gold mine. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has Caledonia Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CMCL is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: CMCL's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

5.2%

CMCL

7.3%

GB Metals and Mining

2.1%

GB Market


1 Year Return

9.6%

CMCL

80.0%

GB Metals and Mining

26.3%

GB Market

Return vs Industry: CMCL underperformed the UK Metals and Mining industry which returned 79.6% over the past year.

Return vs Market: CMCL underperformed the UK Market which returned 26.5% over the past year.


Shareholder returns

CMCLIndustryMarket
7 Day5.2%7.3%2.1%
30 Day-0.4%13.2%3.5%
90 Day-3.9%17.4%8.8%
1 Year13.1%9.6%89.1%80.0%31.9%26.3%
3 Year79.7%62.0%63.9%40.9%12.9%-0.1%
5 Year289.1%224.1%275.9%188.3%51.5%22.8%

Long-Term Price Volatility Vs. Market

How volatile is Caledonia Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Caledonia Mining undervalued compared to its fair value and its price relative to the market?

40.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CMCL (£11.1) is trading below our estimate of fair value (£18.56)

Significantly Below Fair Value: CMCL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CMCL is good value based on its PE Ratio (8.6x) compared to the GB Metals and Mining industry average (12.6x).

PE vs Market: CMCL is good value based on its PE Ratio (8.6x) compared to the UK market (26.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CMCL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CMCL is good value based on its PB Ratio (1.3x) compared to the GB Metals and Mining industry average (2.1x).


Future Growth

How is Caledonia Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

21.5%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if CMCL's forecast earnings growth is above the savings rate (0.9%).

Earnings vs Market: Insufficient data to determine if CMCL's earnings are forecast to grow faster than the UK market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CMCL's revenue (21.5% per year) is forecast to grow faster than the UK market (5.3% per year).

High Growth Revenue: CMCL's revenue (21.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CMCL's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Caledonia Mining performed over the past 5 years?

35.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CMCL has high quality earnings.

Growing Profit Margin: CMCL's current net profit margins (21.4%) are lower than last year (56.9%).


Past Earnings Growth Analysis

Earnings Trend: CMCL's earnings have grown significantly by 35.8% per year over the past 5 years.

Accelerating Growth: CMCL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CMCL had negative earnings growth (-50.5%) over the past year, making it difficult to compare to the Metals and Mining industry average (18.4%).


Return on Equity

High ROE: CMCL's Return on Equity (16%) is considered low.


Financial Health

How is Caledonia Mining's financial position?


Financial Position Analysis

Short Term Liabilities: CMCL's short term assets ($44.6M) exceed its short term liabilities ($10.0M).

Long Term Liabilities: CMCL's short term assets ($44.6M) exceed its long term liabilities ($9.9M).


Debt to Equity History and Analysis

Debt Level: CMCL's debt to equity ratio (0.3%) is considered satisfactory.

Reducing Debt: CMCL's debt to equity ratio has reduced from 3.5% to 0.3% over the past 5 years.

Debt Coverage: CMCL's debt is well covered by operating cash flow (7588.7%).

Interest Coverage: CMCL's interest payments on its debt are well covered by EBIT (124.6x coverage).


Balance Sheet


Dividend

What is Caledonia Mining current dividend yield, its reliability and sustainability?

3.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CMCL's dividend (3.22%) is higher than the bottom 25% of dividend payers in the UK market (1.35%).

High Dividend: CMCL's dividend (3.22%) is low compared to the top 25% of dividend payers in the UK market (4.04%).


Stability and Growth of Payments

Stable Dividend: CMCL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CMCL's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.3%), CMCL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CMCL's dividends in 3 years are forecast to be thoroughly covered by earnings (14% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

Steve Curtis (63 yo)

6.5yrs

Tenure

US$1,086,194

Compensation

Mr. Steven R. Curtis, also known as Steve, C.A., has been the Chief Executive Officer of Caledonia Mining Corporation Plc (formerly, Caledonia Mining Corporation) since November 18, 2014 and served as its ...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD1.09M) is above average for companies of similar size in the UK market ($USD562.21K).

Compensation vs Earnings: Steve's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: CMCL's management team is seasoned and experienced (5.8 years average tenure).


Board Members

Experienced Board: CMCL's board of directors are considered experienced (7.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.2%.


Top Shareholders

Company Information

Caledonia Mining Corporation Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Caledonia Mining Corporation Plc
  • Ticker: CMCL
  • Exchange: AIM
  • Founded: 1992
  • Industry: Gold
  • Sector: Materials
  • Market Cap: US$180.692m
  • Listing Market Cap: US$129.178m
  • Shares outstanding: 12.12m
  • Website: https://www.caledoniamining.com

Location

  • Caledonia Mining Corporation Plc
  • B006 Millais House
  • Castle Quay
  • Saint Helier
  • JE2 3NF
  • Jersey

Listings


Biography

Caledonia Mining Corporation Plc primarily engages in the operation of a gold mine. The company also explores for and develops mineral properties for precious metals. Its primary asset is the Blanket Mine,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/09 17:45
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.