leadf
logo-loader
viewCaledonia Mining Corporation PLC

Caledonia's regular dividend 'makes it stand out from most junior mining peers' says Alastair Ford

Mining Capital's Alastair Ford analyses Caledonia Mining (LON:CMCL) and says their regular dividend 'makes it stand out from most junior mining peers'.

Ford explains that 'it has cash it can afford to pay out to shareholders' and believes the fact that they operate in Zimbabwe is now proving to be an advantage. The country's lockdown was only three weeks long which Ford notes - to most companies would be a 'dream situation'.

The company is now approaching the end of the six-year investment programme at Blanket Mine, where they anticipate the rate of capital expenditure will begin to reduce in 2021.

Quick facts: Caledonia Mining Corporation PLC

Price: 1140 GBX

AIM:CMCL
Market: AIM
Market Cap: £138.15 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Caledonia Mining Corporation PLC named herein, including the promotion by the Company of Caledonia Mining Corporation PLC in any Content on the...

FOR OUR FULL DISCLAIMER CLICK HERE

Caledonia Mining Corporation present at the Proactive One2One virtual forum

Caledonia Mining Corporation PLC's (LON:CMCL) Mark Learmonth presents the company to investors at the Proactive One2One Virtual Conference. Caledonia's a profitable, cash generative gold producer, with a strong growth profile. Their primary asset is the Blanket Mine in Zimbabwe which...

2 weeks ago

2 min read