Caledonia Mining shares up 3.3%

Caledonia Mining shot up 3.3% during mid-day trading on Monday. The company traded as high as C$23.17 and last traded at C$22.87. 20,380 shares traded hands during trading, an increase of 134% from the average session volume of 8,717 shares. The stock had previously closed at C$22.13.

Caledonia Mining Co. Plc (CAL.TO) Trading Up 3.3 %

The firm has a market capitalization of C$263.49 million and a P/E ratio of 6.29. The company has a quick ratio of 1.62, a current ratio of 2.98 and a debt-to-equity ratio of 1.20. The stock has a fifty-day moving average price of C$22.87.

Caledonia Mining Co. Plc (CAL.TO) Company Profile

Caledonia Mining Corporation Plc primarily engages in exploring and developing gold properties. The company also explores for precious metals. It primarily holds a 49% interest in the Blanket Mine, a gold mine located in Zimbabwe. The company was formerly known as Caledonia Mining Corporation and changed its name to Caledonia Mining Corporation Plc in March 2016.