Is CMCL a good stock to buy right now?

Based on our 6-factor quantitative model, Caledonia Mining Corp Plc (CMCL) receives a "Hold" rating with a composite score of 50.8/100. It is ranked #1,848 out of 4,446 stocks. Key factor scores: Quality 40/100, Value 80/100, Momentum 66/100. The timing signal is "Bearish". This is quantitative analysis only — not investment advice.

What is the stock rating for CMCL?

Caledonia Mining Corp Plc (CMCL) has a "Hold" rating and 3-star score. The composite score of 50.8 ranks it #1,848 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is CMCL in?

Caledonia Mining Corp Plc operates in the Materials sector (Precious Metals industry) with a market cap of $454 million. It is classified as a small-cap stock.

Does CMCL pay a dividend?

CMCL does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is CMCL's P/E ratio?

CMCL has a trailing P/E ratio of 27.85x. The Materials sector average is 26.5x. This P/E is in a moderate range relative to the broader market.

How profitable is CMCL?

CMCL's quality factor score is 40/100. Gross margin: 42.1%. ROE: 43.1% vs sector average 3.3%. Margins are moderate to low, reflecting competitive market dynamics.

How is CMCL valued compared to peers?

CMCL's value factor score is 80/100 (higher = cheaper). Key multiples: P/E 27.9x, EV/EBITDA 2.9x. The stock appears attractively valued versus peers.

What is CMCL's debt level?

CMCL's debt-to-equity ratio is 5%. Sector average: 41%. Low leverage suggests conservative financial management.

CMCL has a beta of 0.63, meaning it is less volatile than the market. Stability score: 48/100.

Does CMCL have high short interest?

CMCL's short interest factor score is 13/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

CMCL Stock Analysis: Top Small-Cap Hold (Score 50.8/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
CMCL	+1.81%	+7.06%	-2.91%	-3.17%	+105.52%	-	-	-
Industry Proxy XLB	+0.56%	+3.07%	+4.17%	+14.58%	-33.54%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	+1.87%	+3.45%	-3.25%	-2.81%	+75.99%	-	-	-
Alpha vs Sector	+1.25%	+3.98%	-7.08%	-17.75%	+139.05%	-	-	-

Metric	CMCL	Benchmark
P/E Ratio	27.9x	+5%
EV/EBITDA	2.9x	-52%
Price / Book	2.2x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
CF CF Industries Holdings, Inc.	57	50	72	66	11.8x	21.1%	36.2%	24.9%	5.5%	41.0x	$19.7B	VS
NTR Nutrien Ltd.	57	37	70	64	54.2x	11.5%	29.0%	2.7%	-	52.0x	$35.9B	VS
UAN CVR PARTNERS, LP	56	50	71	67	12.0x	42.4%	28.5%	17.8%	23.1%	265.0x	$1.3B	VS
LXU LSB INDUSTRIES, INC.	54	50	54	73	41.2x	-3.3%	8.6%	-4.5%	11.0%	85.0x	$1.1B	VS
AA Alcoa Corp	54	50	61	71	18.7x	16.6%	10.0%	8.0%	3.1%	40.0x	$19.0B	VS
MEOH METHANEX CORP	53	34	76	72	24.6x	47.8%	19.1%	6.7%	-	149.0x	$4.6B	VS
NGVT Ingevity Corp	53	50	68	66	53.4x	-638.7%	38.1%	-12.1%	-14.7%	5,459.0x	$2.5B	VS
SEE SEALED AIR CORP/DE	52	50	67	59	11.2x	44.7%	30.2%	10.4%	0.5%	318.0x	$6.2B	VS
ACU ACME UNITED CORP	51	50	71	51	16.4x	9.0%	39.4%	5.2%	-11.5%	45.0x	$171M	VS
CMCL Caledonia Mining Corp Plc	51	40	80	66	27.9x	43.1%	42.1%	12.6%	-	5.0x	$454M
APD Air Products & Chemicals, Inc.	51	50	49	50	179.2x	2.4%	31.6%	2.2%	3.9%	114.0x	$64.4B	VS

Key Ratio	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.4%	0.4%	0.3%	0.4%	0.4%	0.5%	0.4%	0.3%	0.4%	0.4%
Operating Margin %	0.2%	0.2%	0.1%	0.2%	0.3%	0.4%	0.8%	0.3%	0.3%	0.3%
EBITDA Margin %	0.2%	0.2%	0.1%	0.2%	0.3%	0.4%	0.8%	0.3%	0.3%	0.3%
Net Margin %	0.1%	0.1%	-0.0%	0.1%	0.2%	0.2%	0.7%	0.2%	0.2%	0.2%
FCF Margin %	7.9%	7.9%	-9.4%	0.8%	-1.0%	5.9%	-2.6%	-3.7%	4.1%	5.0%
ROE %	0.4%	0.1%	-0.0%	0.2%	0.2%	0.2%	0.5%	0.2%	0.2%	0.2%
ROA %	0.3%	0.1%	-0.0%	0.1%	0.1%	0.1%	0.4%	0.1%	0.1%	0.1%
ROIC %	15.7%	15.7%	5.8%	23.7%	25.1%	25.2%	47.4%	25.9%	31.5%	33.9%

Key Ratio

TTM

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.4%

0.3%

0.4%

0.5%

0.4%

0.3%

0.4%

Operating Margin %

0.2%

0.1%

0.2%

0.3%

0.4%

0.8%

0.3%

EBITDA Margin %

0.2%

0.1%

0.2%

0.3%

0.4%

0.8%

0.3%

Net Margin %

0.1%

-0.0%

0.1%

0.2%

0.7%

0.2%

FCF Margin %

7.9%

-9.4%

0.8%

-1.0%

5.9%

-2.6%

-3.7%

4.1%

5.0%

ROE %

0.4%

0.1%

-0.0%

0.2%

0.5%

0.2%

ROA %

0.3%

0.1%

-0.0%

0.1%

0.4%

0.1%

ROIC %

15.7%

5.8%

23.7%

25.1%

25.2%

47.4%

25.9%

31.5%

33.9%

Line Item	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016
	$183M	$183M	$146M	$142M	$121M	$100M	$76M	$68M	$70M	$62M
	$77M	$77M	$41M	$62M	$54M	$47M	$31M	$22M	$26M	$23M
Gross Margin	42.1%	42.1%	28.3%	43.5%	44.6%	46.7%	41.1%	31.6%	37.7%	37.9%
	—	$0	$0	$0	$0	$0	$0	$0	$0	$0
	$44M	$44M	$15M	$40M	$38M	$32M	$61M	$21M	$21M	$19M
EBIT	$44M	$44M	$15M	$40M	$38M	$32M	$61M	$21M	$21M	$19M
EBITDA	$41M	$41M	$8M	$30M	$36M	$36M	$61M	$21M	$21M	$19M
Operating Margin	23.9%	23.9%	7.5%	21.3%	29.8%	35.9%	80.3%	31.3%	29.5%	30.6%
EBITDA Margin	22.1%	22.2%	5.4%	20.8%	29.5%	35.6%	80.0%	31.0%	29.5%	30.3%
	—	$17M	$13M	$17M	$15M	$15M	$10M	$7M	$9M	$8M
	$23M	$23M	-$618K	$23M	$23M	$25M	$50M	$14M	$12M	$11M
Net Margin	12.6%	12.6%	-3.3%	10.7%	18.1%	23.0%	66.5%	20.1%	17.1%	17.9%
	$0.91	$0.91	$-0.24	$1.36	$1.49	$1.73	$3.82	$0.99	$0.86	$0.79
Diluted EPS	$0.91	$0.91	$-0.24	$1.36	$1.49	$1.73	$3.82	$0.99	$0.86	$0.79

Line Item

TTM

2024

2023

2022

2021

2020

2019

2018

2017

2016

$183M

$146M

$142M

$121M

$100M

$76M

$68M

$70M

$62M

$77M

$41M

$62M

$54M

$47M

$31M

$22M

$26M

$23M

Gross Margin

42.1%

28.3%

43.5%

44.6%

46.7%

41.1%

31.6%

37.7%

37.9%

—

$44M

$15M

$40M

$38M

$32M

$61M

$21M

$19M

EBIT

$44M

$15M

$40M

$38M

$32M

$61M

$21M

$19M

EBITDA

$41M

$8M

$30M

$36M

$61M

$21M

$19M

Operating Margin

23.9%

7.5%

21.3%

29.8%

35.9%

80.3%

31.3%

29.5%

30.6%

EBITDA Margin

22.1%

22.2%

5.4%

20.8%

29.5%

35.6%

80.0%

31.0%

29.5%

30.3%

—

$17M

$13M

$17M

$15M

$10M

$7M

$9M

$8M

$23M

-$618K

$23M

$25M

$50M

$14M

$12M

$11M

Net Margin

12.6%

-3.3%

10.7%

18.1%

23.0%

66.5%

20.1%

17.1%

17.9%

$0.91

$-0.24

$1.36

$1.49

$1.73

$3.82

$0.99

$0.86

$0.79

Diluted EPS

$0.91

$-0.24

$1.36

$1.49

$1.73

$3.82

$0.99

$0.86

$0.79

Caledonia Mining Corp Plc (CMCL) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does Caledonia Mining Corp Plc Do?

Caledonia Mining Corporation Plc primarily engages in the operation of a gold mine. The company also explores for and develops mineral properties for precious metals. Its primary asset is 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. Caledonia Mining Corporation Plc was incorporated in 1992 and is headquartered in Saint Helier, Jersey. Caledonia Mining Corp Plc (CMCL) is classified as a small-cap stock in the Materials sector, specifically within the Precious Metals industry. The company is led by CEO John M. Learmonth. With a market capitalization of $454M, CMCL is one of the notable companies in the Materials sector.

Caledonia Mining Corp Plc (CMCL) Stock Rating — Hold (April 2026)

As of April 2026, Caledonia Mining Corp Plc receives a Hold rating with a composite score of 50.8/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.CMCL ranks #1,848 out of 4,446 stocks in our coverage universe. Within the Materials sector, Caledonia Mining Corp Plc ranks #120 of 284 stocks, placing it in the upper half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

CMCL Stock Price and 52-Week Range

Caledonia Mining Corp Plc (CMCL) currently trades at $25.34. The stock gained $0.45 (1.8%) in the most recent trading session. The 52-week high for CMCL is $38.75, which means the stock is currently trading -34.6% from its annual peak. The 52-week low is $10.65, putting the stock 137.9% above its annual trough. Recent trading volume was 119K shares, suggesting relatively thin trading activity.

Is CMCL Overvalued or Undervalued? — Valuation Analysis

Caledonia Mining Corp Plc (CMCL) carries a value factor score of 80/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 27.85x, compared to the Materials sector average of 26.50x — a premium of 5%. The price-to-book ratio stands at 2.16x, versus the sector average of 2.83x. The price-to-sales ratio is 0.63x, compared to 0.74x for the average Materials stock. On an enterprise value basis, CMCL trades at 2.89x EV/EBITDA, versus 6.01x for the sector.

Based on these multiples, Caledonia Mining Corp Plc appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.

Caledonia Mining Corp Plc Profitability — ROE, Margins, and Quality Score

Caledonia Mining Corp Plc (CMCL) earns a quality factor score of 40/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 43.1%, compared to the Materials sector average of 3.3%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 26.5% versus the sector average of 0.6%.

On a margin basis, Caledonia Mining Corp Plc reports gross margins of 42.1%, compared to 29.8% for the sector. The operating margin is 23.9% (sector: 6.0%). Net profit margin stands at 12.6%, versus 3.0% for the average Materials stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

CMCL Debt, Balance Sheet, and Financial Health

Caledonia Mining Corp Plc has a debt-to-equity ratio of 5.0%, compared to the Materials sector average of 41.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $10M. Cash and equivalents stand at $4M.

CMCL has a beta of 0.63, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for Caledonia Mining Corp Plc is 48/100, reflecting average volatility within the normal range for its sector.

Caledonia Mining Corp Plc Revenue and Earnings History — Quarterly Trend

In TTM 2026, Caledonia Mining Corp Plc reported revenue of $183M and earnings per share (EPS) of $0.91. Net income for the quarter was $23M. Gross margin was 42.1%. Operating income came in at $44M.

In FY 2024, Caledonia Mining Corp Plc reported revenue of $183M and earnings per share (EPS) of $0.91. Net income for the quarter was $23M. Gross margin was 42.1%. Revenue grew 25.1% year-over-year compared to FY 2023. Operating income came in at $44M.

In FY 2023, Caledonia Mining Corp Plc reported revenue of $146M and earnings per share (EPS) of $-0.24. Net income for the quarter was $-618,000. Gross margin was 28.3%. Revenue grew 3.0% year-over-year compared to FY 2022. Operating income came in at $15M.

In FY 2022, Caledonia Mining Corp Plc reported revenue of $142M and earnings per share (EPS) of $1.36. Net income for the quarter was $23M. Gross margin was 43.5%. Revenue grew 17.1% year-over-year compared to FY 2021. Operating income came in at $40M.

Over the past 8 quarters, Caledonia Mining Corp Plc has demonstrated a growth trajectory, with revenue expanding from $68M to $183M. Investors analyzing CMCL stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

CMCL Dividend Yield and Income Analysis

Caledonia Mining Corp Plc (CMCL) does not currently pay a dividend. This is common among smaller companies in the Precious Metals industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.

CMCL Momentum and Technical Analysis Profile

Caledonia Mining Corp Plc (CMCL) has a momentum factor score of 66/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 43/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 13/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

CMCL vs Competitors — Materials Sector Ranking and Peer Comparison

Within the Materials sector, Caledonia Mining Corp Plc (CMCL) ranks #120 out of 284 stocks based on the Blank Capital composite score. This places CMCL in the upper half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.

Comparing CMCL against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full CMCL vs S&P 500 (SPY) comparison to assess how Caledonia Mining Corp Plc stacks up against the broader market across all factor dimensions.

CMCL Next Earnings Date

No upcoming earnings date has been announced for Caledonia Mining Corp Plc (CMCL) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy CMCL? — Investment Thesis Summary

Caledonia Mining Corp Plc presents a balanced picture with arguments on both sides. The value score of 80/100 suggests attractive pricing relative to fundamentals. Price momentum is positive at 66/100, suggesting the trend favors buyers.

In summary, Caledonia Mining Corp Plc (CMCL) earns a Hold rating with a composite score of 50.8/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on CMCL stock.

Related Resources for CMCL Investors

Explore more research and tools: CMCL vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare CMCL head-to-head with peers: CMCL vs CF, CMCL vs NTR, CMCL vs UAN.

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Caledonia Mining Corp Plc (CMCL) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does Caledonia Mining Corp Plc Do?

Caledonia Mining Corp Plc (CMCL) Stock Rating — Hold (April 2026)

CMCL Stock Price and 52-Week Range

Is CMCL Overvalued or Undervalued? — Valuation Analysis

Caledonia Mining Corp Plc Profitability — ROE, Margins, and Quality Score

CMCL Debt, Balance Sheet, and Financial Health

Caledonia Mining Corp Plc Revenue and Earnings History — Quarterly Trend

CMCL Dividend Yield and Income Analysis

CMCL Momentum and Technical Analysis Profile

CMCL vs Competitors — Materials Sector Ranking and Peer Comparison

CMCL Next Earnings Date

Should You Buy CMCL? — Investment Thesis Summary

Related Resources for CMCL Investors

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Shares of precious metal companies are trading higher amid rising gold and silver prices and a weakened U.S. dollar. Easing energy prices in response to the U.S.-Iran ceasefire agreement and President Trump's social media post may lift metals demand and hasten future rate cuts.

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