Caledonia Mining (LON:CMCL) Share Price Crosses Below 200 Day Moving Average of $851.72

Caledonia Mining Co. Plc (LON:CMCL)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 851.72 ($10.80) and traded as low as GBX 760 ($9.64). Caledonia Mining shares last traded at GBX 762.50 ($9.67), with a volume of 494 shares traded.

Caledonia Mining Price Performance

The company has a quick ratio of 0.97, a current ratio of 1.24 and a debt-to-equity ratio of 8.90. The business has a 50-day moving average price of GBX 820.49 and a two-hundred day moving average price of GBX 851.72. The company has a market capitalization of £146.32 million, a price-to-earnings ratio of -4,013.16 and a beta of 0.71.

Caledonia Mining Company Profile

Caledonia Mining Corporation Plc primarily operates a gold mine. It also engages in the exploration and development of mineral properties for precious metals. The company holds a 64% interest in the Blanket Mine, a gold mine located in Zimbabwe. It also owns 100% interests in the Maligreen project, a brownfield gold exploration project located in the Gweru mining district in the Zimbabwe Midlands; the Bilboes, a gold deposit located to the north of Bulawayo, Zimbabwe; and the Motapa, a gold exploration property located in Southern Zimbabwe.