profit from every $100 of sales.
$0$100
Caledonia Mining
$20.97+4.02% today
-27.1% in 1 year
1-year low $16.791-year high $32.85
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $7.34 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Caledonia Mining sold, what it kept, and what it did with the cash.
Sales went from $142 million in 2022 to $268 million in 2025, with $55.2 million of profit last year.
SalesProfit
Caledonia Mining handed back 50% of the cash it generated last year.
$20M
Free cash flow 2025$40M
Bought back its own shares–
Paid as dividends$20M
Cash vs. debt$36M vs. $33M
Caledonia Mining vs. similar companies
Caledonia Mining grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Caledonia Mining | 7.3× · Cheap | ||
 Newmont | 16.6× · Fair price | ||
 Zijin Mining Group | 13.5× · Cheap | ||
 Agnico Eagle Mines | 20.2× · Fair price | ||
 Barrick Mining | 12.3× · Cheap |
AI analysis
An AI analyst reads Caledonia Mining's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 142 | 146 | 183 | 268 | |
| 62 | 41 | 77 | 137 | |
| 47 | 22 | 57 | 113 | |
| 40 | 25 | 60 | 126 | |
| 11 | -8 | 18 | 55 | |
| 1.35 | -0.24 | 0.91 | 2.83 | |
| 43.5% | 28.4% | 42.1% | 51.2% | |
| 33.4% | 14.8% | 30.9% | 42.3% | |
| 7.9% | -5.4% | 9.8% | 20.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 235 | 328 | 348 | 412 |
| Cash | 7 | 4 | 4 | 36 |
| Total debt | 13 | 25 | 25 | 33 |
| Total liabilities | 78 | 104 | 114 | 128 |
| 141 | 206 | 214 | 259 | |
| 13 | 17 | 19 | 20 | |
| 15.6% | 3.8% | 14.4% | 29.8% | |
| 8.0% | -3.8% | 8.4% | 21.3% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 43 | 15 | 42 | 76 | |
| 44 | 30 | 31 | 36 | |
| -1 | -16 | 11 | 40 | |
| Dividends paid | 9 | 11 | 12 | 20 |
| – | – | – | – | |
| 0 | 0 | 1 | 2 |
Valuation
- 7.3×
- 5.6×
- 0.26
- 1.9×
- 1.5×
- 10.1×
- 3.2×
- 9.9%
- 13.6%
- 2.3%
Profitability
- 51.2%
- 42.3%
- 20.6%
- 50.3%
- 19.6%
- 8.6%
- 22.8%
- 13.4%
- 33.2%
- –
Growth
- +23.5%
- +28.0%
- +199.8%
- +10.8%
- +12.5%
Financial health
- -0.0×
- 0.13
- 7.9%
- 33.2×
- 1.69
- 1.25
- 0.64
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 9%of 990
Top 5%of 950
Top 5%of 765
Top 14%of 929
Top 14%of 987
What analysts expect
- Average price target
- $17.25
- Range
- $13.50 – $21.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 11, 2026 | 0.80 | 0.67 | +19.4% |
| Mar 23, 2026 | 0.56 | 0.59 | −5.1% |
| Nov 10, 2025 | 0.77 | 0.78 | −1.3% |
| Aug 11, 2025 | 1.14 | 1.04 | +9.6% |
| Mar 31, 2025 | 0.44 | 0.19 | +131.6% |
| Mar 27, 2025 | 0.02 | – | – |
| Nov 11, 2024 | 0.26 | – | – |
| Aug 12, 2024 | 0.51 | – | – |
2.3%of the share price, paid each year
On $1,000 invested$23a year at today's yield, before tax
+10.8%2020 to 2025
Raised–not every year
Paid per share, each year
$0.24 in 2015 → $0.56 in 2025
How safe it looks
36.1% of its profit
Room to growStretchedMore than it earns: 49.6%
News
Caledonia Mining slides after cutting guidance for full-year production, raising cost outlookSeeking Alpha · Oct 9, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
7/7Passes 7 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
76Pass
Benjamin Graham
70Pass
Philip Fisher
87Pass
Peter Lynch
100Pass
Joel Greenblatt
79Pass
Charlie Munger
70Pass
Terry Smith
65Pass
Questions about Caledonia Mining
Is Caledonia Mining a good stock to buy?
A strong, very profitable business, and the price looks low. 7 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Caledonia Mining AI analysis
What does Caledonia Mining do?
Caledonia Mining Corporation Plc primarily engages in the operation of a gold mine. It also explores for and develops mineral properties for precious metals. The company holds 64% interest in the Blanket Mine, a gold mine located in Matabeleland South Province, Zimbabwe. It is in Gold.
Does Caledonia Mining pay a dividend?
Yes. At today's price the dividend is 2.3% a year, about 36% of its yearly profit. In 2025 it paid out $19.9 million in dividends.
Is Caledonia Mining stock halal?
Yes. Caledonia Mining passes our halal screen: its business is permitted and its debt is 8% of its market value, under the 30% limit. How we check
How has Caledonia Mining stock done over the past year?
Down 27.1% over the past twelve months, to $20.97. It traded between $16.79 and $32.85 and is 36.2% below its high.
Who are Caledonia Mining's competitors?
The largest listed companies in the same industry are Newmont, Zijin Mining Group, Agnico Eagle Mines and Barrick Mining. The peers table on this page compares their profit, growth and price with Caledonia Mining's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.