Caledonia Mining Co. Plc (LON:CMCL) to Issue Dividend of $0.14

Caledonia Mining Co. Plc (LON:CMCL) declared a dividend on Monday, July 1st, Upcoming.Co.Uk reports. Investors of record on Thursday, July 11th will be given a dividend of $0.14 per share on Friday, July 26th. This represents a dividend yield of 1.42%. The ex-dividend date of this dividend is Thursday, July 11th. The official announcement can be seen at this link.

Caledonia Mining Stock Performance

Shares of CMCL stock opened at GBX 800 ($10.15) on Monday. The stock has a market cap of £153.52 million, a P/E ratio of -4,105.26 and a beta of 0.71. The company has a fifty day moving average price of GBX 818.89 and a two-hundred day moving average price of GBX 849.34. Caledonia Mining has a one year low of GBX 600 ($7.61) and a one year high of GBX 1,040 ($13.19). The company has a debt-to-equity ratio of 8.90, a current ratio of 1.24 and a quick ratio of 0.97.

About Caledonia Mining

Caledonia Mining Corporation Plc primarily operates a gold mine. It also engages in the exploration and development of mineral properties for precious metals. The company holds a 64% interest in the Blanket Mine, a gold mine located in Zimbabwe. It also owns 100% interests in the Maligreen project, a brownfield gold exploration project located in the Gweru mining district in the Zimbabwe Midlands; the Bilboes, a gold deposit located to the north of Bulawayo, Zimbabwe; and the Motapa, a gold exploration property located in Southern Zimbabwe.