Caledonia Mining Plc(CMCL)
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Top Beaten-Down Gold Stocks
Seeking Alpha· 2025-10-22 17:05
Core Insights - The article highlights Steven Cress's role as VP of Quantitative Strategy and Market Data at Seeking Alpha, emphasizing his contributions to the platform's quantitative stock rating system and analytical tools designed to aid investors [1][2][3] Company Overview - Seeking Alpha has developed a quantitative stock rating system that interprets data for investors, providing insights on investment directions and saving time for users [1][2] - The platform features a systematic stock recommendation tool called Alpha Picks, aimed at helping long-term investors build a high-quality portfolio [1] Leadership Background - Steven Cress previously founded CressCap Investment Research, which was acquired by Seeking Alpha in 2018, enhancing the platform's quant analysis and market data capabilities [3] - He also established the quant hedge fund Cress Capital Management and has extensive experience in proprietary trading at Morgan Stanley and international business development at Northern Trust [3][4] Expertise and Approach - With over 30 years of experience in equity research, quantitative strategies, and portfolio management, Steven Cress is positioned to address a variety of investment topics [4] - The company employs a data-driven approach to eliminate emotional biases in investment decisions, utilizing sophisticated algorithms to streamline investment research [2]
Caledonia Mining Corporation Plc Third Quarter Production at Blanket Mine
Globenewswire· 2025-10-21 06:00
ST HELIER, Jersey, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN, AIM and VFEX: CMCL) ("Caledonia" or "the Company") announces gold production from the Blanket Mine in Zimbabwe ("Blanket") for the quarter ended September 30, 2025 ("Q3 2025" or the "Quarter"). All production numbers are expressed on a 100 per cent basis and are based on the final assay at the refiners. Highlights Quarterly gold production of 19,106 ounces (Q3 2024: 18,992 ounces)Gold produced in the nine m ...
Caledonia Mining Corporation Plc: Exercise of share options
Globenewswire· 2025-10-03 06:00
ST HELIER, Jersey, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE American, AIM and VFEX: CMCL) (“Caledonia” or “the Company”) announces that two consultants to the Company have exercised options in respect of, in aggregate, 10,000 common shares of no par value each in the Company (the “Option Shares”). The exercise price was US$9.49 per Option Share. Following issue of the Option Shares, the Company will have no outstanding share options. Application has been made by Caledonia for ...
Gold Prices Just Hit Another All-Time High. Here Are the 2 Top-Rated Gold Stocks to Buy Now.
Yahoo Finance· 2025-09-24 16:42
Gold prices surged to fresh record highs on Tuesday as Federal Reserve Chair Jerome Powell's cautious economic outlook fueled investor demand for the precious metal. Powell's warning that "near-term risks to inflation are tilted to the upside and risks to employment to the downside" created what he called a "challenging situation" with "no risk-free path" ahead. The metal has now posted five consecutive weekly gains, driven by expectations of continued Federal Reserve rate cuts and growing economic uncert ...
Caledonia Mining Corporation Plc: Fatal accident at Blanket Mine
Globenewswire· 2025-09-23 06:00
Core Points - Caledonia Mining Corporation Plc reported a fatal accident at the Blanket Mine in Zimbabwe on September 22, 2025, resulting in the death of one employee due to secondary blasting [1][2] Group 1 - The company's immediate priority is to ensure the safety and well-being of all individuals involved in the incident [2] - A thorough investigation into the circumstances surrounding the accident will be conducted, with further details pending the outcome of an enquiry by relevant authorities [2] - Caledonia Mining expresses condolences to the family and colleagues of the deceased employee [2]
Caledonia Mining Corporation (NYSEAM:CMCL) 2025 Conference Transcript
2025-09-10 17:15
Summary of Caledonia Mining Corporation Conference Call Company Overview - Caledonia Mining Corporation is an established gold producer based in Zimbabwe, focusing on growth and value creation for stakeholders through consistent dividends and production increases [4][2][3]. Core Strategy - The company emphasizes anti-dilution by avoiding share issuance, maintaining a consistent yield through dividends, and focusing on production growth [3][2]. - Caledonia has been paying dividends since 2016, returning over $60 million to shareholders [8][2]. Production and Assets - The company targets over 200,000 ounces of annual gold production, with current guidance between 75,000 to 80,000 ounces from its Blanket mine [4][9]. - The Blanket mine has been operational since 1906 and is expected to have a minimum life of ten years, with significant capital invested in infrastructure upgrades [10][9]. - Caledonia has four core assets: a producing mine (Blanket), a shovel-ready project (Bilboes), and early-stage projects (Marley Green and Matapa) [6][12]. Bilboes Project - The Bilboes project, acquired in 2023, has an estimated 3 million ounces of gold and is expected to significantly increase production capacity [11][12]. - A Preliminary Economic Assessment (PEA) indicates potential production of 1.5 million ounces over ten years [11]. - The project is fully permitted and shovel-ready, with ongoing assessments to optimize funding solutions without diluting shares [27][28]. Financial Performance - Over the past decade, Caledonia's share price has increased tenfold, outperforming gold prices and the GDX index [15][16]. - The company has generated $183 million in value over the last ten years, contributing significantly to local communities and the government through taxes and royalties [17][18]. Operating Environment in Zimbabwe - The company has operated in Zimbabwe for over 20 years, highlighting improvements in fiscal stability and a safe operating environment [19][20]. - The Zimbabwean workforce is noted for its quality, with all employees being local, contributing to the company's operational success [21][22]. - Recent improvements in power access and government support are seen as positive developments for the mining sector [22][23]. Future Outlook - Caledonia aims to continue producing from the Blanket mine while developing the Bilboes project, with production expected to commence in 2029 [29]. - The company remains committed to long-term growth and capitalizing on Zimbabwe's potential as a mining jurisdiction [29].
Caledonia Mining Corporation (NYSEAM:CMCL) 2025 Earnings Call Presentation
2025-09-10 16:15
Established Gold Producer with Pathway to Multi-Asset Production C O R P O R AT E P R E S E N TAT I O N 2 0 2 5 Disclaimer and Forward-Looking Statements This presentation has been prepared solely for information and does not purport to contain all of the information that may be necessary or desirable to fully and accurately evaluate Caledonia Mining Corporation Plc ("Caledonia" or "the Company") or its business prospects. for the purposes of this notice, "presentation" includes this document, any oral pres ...
Caledonia Mining Corporation Plc Notification of relevant change to significant shareholder
Globenewswire· 2025-08-27 06:00
Core Points - Caledonia Mining Corporation Plc has been informed that Allan Gray Bermuda Limited's clients now hold a total interest of 3.9649% of the total issued shares in the company [1][3]. Group 1 - The significant shareholder is Allan Gray Bermuda Limited, with a registered office in Cape Town, South Africa [2][3]. - The threshold of 3.9649% was crossed on August 25, 2025, and the issuer was notified on August 26, 2025 [3].
PRISM MarketView Launches Precious Metals Index to Track Global Demand and Market Dynamics
GlobeNewswire News Room· 2025-08-21 14:30
Industry Overview - The global precious metals market was valued at $306.44 billion in 2023 and is projected to exceed $501 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.6% [3] - Demand for gold remains strong as a safe-haven asset, with global central banks increasing purchases for the 13th consecutive year in 2024 [3] - Silver is experiencing growing industrial use, particularly in solar and electronics manufacturing, while platinum and palladium are expected to benefit from the transition towards electrification and green technology [3] PRISM Precious Metals Index - PRISM MarketView launched the PRISM Precious Metals Index to track emerging and established companies in the gold, silver, platinum, and palladium sectors, highlighting firms that drive innovation in mining, refining, recycling, and technology applications [1][4] - The index has returned approximately 83% since January 2, 2024, providing investors with insights into this strategically important sector [4] Company Highlights Vista Gold Corp. - Vista Gold Corp. is advancing its flagship Mt Todd Gold Project in Australia, focusing on disciplined, value-driven development with a streamlined feasibility plan [5] - The company reported $13.2 million in cash and no debt at the end of Q2 2025, with a feasibility study indicating strong economics and stable long-term production [5] Caledonia Mining Corporation - Caledonia Mining Corporation operates primarily in Zimbabwe, with its Blanket Mine showing record production and growth potential [6] - The company reported a 30% increase in revenue to $65 million and a net profit attributable to shareholders of $20.5 million, more than doubling from the previous year [6][7] NioCorp Developments Ltd. - NioCorp Developments Ltd. is advancing the Elk Creek Critical Minerals Project in Nebraska, targeting production of niobium, scandium, and titanium [8] - The company completed Phase I of its drilling campaign ahead of schedule and under budget, which will support its application for up to $800 million in debt financing from the U.S. Export-Import Bank [8]
Caledonia Mining Plc(CMCL) - 2025 Q2 - Earnings Call Transcript
2025-08-13 14:00
Financial Data and Key Metrics Changes - Revenue increased by 30% to $65 million, with net profit attributable to shareholders rising by 147% to just over $20 million, and adjusted earnings per share up by 155% [4][20] - Operating cash flows rose to $28 million, with a closing cash position of $26 million, including $8 million of net cash and $18 million in fixed-term deposits [5][32] - Gross profit for the quarter reached $33.8 million, up 48% compared to the previous quarter [21][29] Business Line Data and Key Metrics Changes - Blanket Mine achieved record production of just over 21,000 ounces in the quarter, leading to an increase in full-year guidance to a range of 77,500 to 79,500 ounces [5][73] - The average realized gold price was approximately $3,200 per ounce, contributing to the revenue increase [6][20] - Production costs increased by 18% due to higher grades and plant recoveries, but gross profit still saw significant growth [21][24] Market Data and Key Metrics Changes - The gold price has shown a strong upward trend, with the company realizing a price increase of 38% compared to the previous quarter [20] - The foreign exchange environment in Zimbabwe has stabilized, leading to increased liquidity and a more favorable operating environment [16][17] Company Strategy and Development Direction - The company is focused on minimizing equity dilution while maximizing net present value per share, particularly in relation to the Bilbo's project [55] - There is an ongoing feasibility study for the Bilbo's project, with considerations for a phased approach to minimize capital costs [49][50] - The company aims to continue investing in modernization and cost containment at Blanket Mine while exploring new revenue opportunities [73] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the operational environment in Zimbabwe, noting improvements in security and foreign exchange stability [15][16] - The company is committed to maintaining its dividend policy, recognizing its importance to shareholders, especially in Zimbabwe [14][81] - Future growth is anticipated through continued exploration and development of existing projects, with a focus on sustainable practices [74] Other Important Information - The company plans to follow a reduced disclosure regime for quarterly reporting, maintaining transparency while streamlining information [34][35] - The sale of the solar plant generated $22.4 million, which was part of a strategic decision to release capital for core business operations [6][29] Q&A Session Summary Question: Regarding cash generation and potential dividend suspension - Management acknowledged the importance of dividends, especially in Zimbabwe, and emphasized the need to balance cash flow with maintaining shareholder returns [81][82] Question: Timeline for the Bilbo's feasibility study completion - Management indicated that there is no specific timeline available due to ongoing evaluations of a smaller scale option [91] Question: Reduction in initial CapEx for the Bilbo's project - Management noted that capital costs have increased across the industry, and while they cannot provide specific figures, they are focused on minimizing financial jeopardy [92][93] Question: Tax rate on the capital gain from the solar plant sale - Management confirmed that there is a tax on the capital gain, but it is lower than initially expected [103][106] Question: Potential impact of cutting dividends on stock price - Management acknowledged that cutting dividends could lead to a significant drop in stock price, emphasizing the need for careful consideration before making such decisions [107][108]