Caledonia Mining Co. Plc (CAL.TO) (TSE:CAL) Shares Cross Below 50 Day Moving Average of $22.87

Caledonia Mining Co. Plc (CAL.TO) (TSE:CAL) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$22.87 and traded as low as C$22.51. Caledonia Mining Co. Plc (CAL.TO) shares last traded at C$22.87, with a volume of 20,380 shares traded.

Caledonia Mining Co. Plc (CAL.TO) Stock Performance

The stock has a market cap of C$263.49 million and a price-to-earnings ratio of 6.29. The company has a 50-day moving average price of C$22.87. The company has a current ratio of 2.98, a quick ratio of 1.62 and a debt-to-equity ratio of 1.20.

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

Caledonia Mining Corporation Plc primarily engages in the exploration and development of 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.