CMCL — Caledonia Mining Corporation

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Caledonia Mining Corporation

Caledonia Mining Corporation Plc primarily operates a gold mine in Jersey. It also engages in the exploration and development of mineral properties for precious metals. The company was formerly known as Caledonia Mining Corporation and changed its name to Caledonia Mining Corporation Plc in March 2016. The company was incorporated in 1992 and is headquartered in Saint Helier, Jersey.… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$23.11
Market Cap$435M
Float14.6M
Shares Outstanding19.3M
P/E (Forward)7.63
P/E (TTM)7.08
Price/Sales (TTM)1.66
vs. Analyst Target+84.9% to analyst PT
Profit Margin23.77%
Operating Margin (TTM)48.72%
Revenue (TTM)$262M
Earnings Growth (YoY)79.40%
Dividend Rate0.6%
Analyst Target Price$42.73 (2 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $100M $20.8M $46.7M $45.4M
2021 $121M $17.4M $54.1M $44.2M
2022 $142M $11.2M $61.8M $40.3M
2023 $146M -$7.9M $41.5M $25.5M
2024 $183M $17.9M $77.0M $59.7M
2025 $254M $55.2M $137M $131M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $65.3M $20.5M
Sep 2025 $71.4M $15.1M
Dec 2025 $71.0M $10.7M
Mar 2026 $66.4M $15.9M

Ownership & Float

Insider Ownership15.2%
Institutional Ownership64.2%
Short Float9.6%
% of All Funds Holding1.69%
Number of Funds Holding139

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$23.82Near-term / short-term trend
Weekly40-Week SMA$27.83Medium-term trend
Weekly80-Week SMA$21.06Cyclical trend (business cycle)
Weekly200-Week SMA$15.59Secular trend (multi-year)
Monthly10-Month SMA$27.47Near-term monthly trend
Monthly20-Month SMA$20.54Medium-term monthly trend
Monthly40-Month SMA$16.16Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$36.80 resistance 2.04x 6 months ago
$20.20 support 1.60x 8 months ago
$13.10 support 1.98x 11 months ago

Historical Earnings Reactions (80 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.33% 0.00% 38.75% 20.00% -16.67%
1 Day 0.95% 0.00% 37.50% 26.67% -10.00%
1 Week 2.58% 0.00% 48.75% 33.33% -18.18%
2 Weeks 2.28% 0.00% 40.51% 50.00% -27.27%
1 Month 1.81% -2.94% 36.71% 64.79% -28.57%

Next earnings: July 30, 2026 (63 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan12.6%50.0%42
Feb11.8%45.2%42
Mar13.5%54.8%42
Apr1.6%33.3%42
May-1.5%29.3%41
Jun1.3%39.0%41
Jul-1.9%41.5%41
Aug-4.5%31.7%41
Sep5.5%46.3%41
Oct-3.2%29.3%41
Nov-2.0%34.1%41
Dec-4.4%28.6%42

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.27% 27.9% 1974
Tuesday 0.55% 28.3% 2146
Wednesday 0.07% 28.1% 2143
Thursday 0.25% 27.5% 2102
Friday 0.43% 29.7% 2092

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 64.2%

Insider Transactions — Smart Summary

Total insider ownership: 15.2%

12-Month Insider Activity Summary

Total Filings2
Net Value+N/A
Net Shares Change-5,000
% of Float-0.0%
C-Suite Filings0
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Ndlovu July +$28,350 2 1 buy, 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-15 Ndlovu July +$372,150 Transaction at $24.81, now -6.9%
2026-05-19 Ndlovu July -$343,800 Transaction at $17.19, now +34.4%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Caledonia Mining Corporation (CMCL) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for CMCL on Trend Edge →