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How to Buy Caledonia Mining Stock

Caledonia Mining Corp PLC

Caledonia Mining Corp PLC and its subsidiaries are engaged in the operation of a gold mine and the exploration and development of mineral properties for precious metals.

Caledonia Mining stock last closed at $10.18, up 2.31% from the previous day, and has decreased 36.1% in one year. It has underperformed other stocks in the Gold industry by 0.26 percentage points. Caledonia Mining stock is currently +14.25% from its 52-week low of $8.91, and -37.2% from its 52-week high of $16.21.

As of Apr 19, 2024, there are 19.19M CMCL shares outstanding. The market cap of CMCL is $195.33M. In the past 24 hours, 34,981 CMCL shares were traded.

How to Buy Caledonia Mining Stock

Not sure how to invest in Caledonia Mining stock? Here's how.
  1. Decide where to buy Caledonia Mining stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Caledonia Mining stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Choose your method of payment and add your details.
  4. Analyze Caledonia Mining stock: The Caledonia Mining ticker symbol is CMCL. Is Caledonia Mining stock a good investment? Should you buy shares of CMCL? How do CMCL's underlying business fundamentals look? Do top analysts think Caledonia Mining is a good buy? Why has CMCL's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if CMCL is a good stock to buy).
  5. Make your CMCL trade: Decide if you will purchase CMCL shares at the current market price or use a limit order to buy CMCL shares at a specific price.
  6. Watch your CMCL position: Create a watchlist to the latest updates on your new investment in Caledonia Mining shares.

Step 1: Decide where to buy Caledonia Mining stock

You will need a brokerage account in order to access the NYSEMKT market and buy CMCL stock.

A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can buy CMCL today.

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  2. Input your personal details to create your new trading account.
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Step 3: Deposit funds into your brokerage account

Now that you've created your account on apps for stocks, your next step is to transfer the money for your investment:

Watch the walkthrough below for more details depositing money into your new brokerage account.

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Step 4: Analyze Caledonia Mining stock

Once you have chosen the best place to buy Caledonia Mining stock, it's important to evaluate their stock prior to buying, so you truly understand the risk as well as the upside.

Caledonia Mining quick stats

CMCL Price
$10.18
1w %
-5.13%
1y %
-36.1%
5y %
69.67%
P/E
-42.42x
P/B
0.81x
P/S
1.34x
PEG
N/A
Revenue
$146.31M
Earnings
-$4.20M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$195.33M
Next Earnings
May 13, 2024
Next Dividend
Apr 26, 2024

Fundamentals of Caledonia Mining

WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on CMCL's stock page.

How is CMCL stock valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CMCL's true value.

Using relative valuations metrics:

  • CMCL may be undervalued based on its P/B ratio of 0.81x, relative to Gold industry P/B ratio of 1.71x

You can access additional valuation analysis on CMCL's stock here.

How do CMCL Financials look?

Passed Health Checks:

  • Total CMCL debt is lower than 5 years ago, relative to shareholder equity.
  • CMCL has $6.71M in cash and short term investments. This is sufficient to cover its annual cash burn of $15.62M.
  • There are more short-term assets than long-term liabilities on the CMCL balance sheet.
  • There are more short-term assets than short-term liabilities on the CMCL balance sheet.
  • CMCL has a low debt to equity ratio of 0.27.

Failed Health Checks:

  • CMCL profit margin has gone down from 12.6% to -2.9% in the past year.
  • CMCL has cash burn of 15624000. It does not have enough cash and short-term investments to cover this.

Metrics for Advanced CMCL Traders

SMA10
10.6
SMA20
10.71
SMA50
10.45
SMA100
11.1
SMA200
11.09
MACD
-0.09
MACD Signal
0.01
MACD Histogram
-0.1
RSI
43.06
Stochastic %K
12.56
Stochastic %D
17.16
StochRSI %K
8.52
StochRSI %D
4.81

How is CMCL performing as a company?

Last year, CMCL revenue was $146.31M. During the last five year, CMCL's revenue has increased by 16.43% per year. This was faster than the Gold industry average of 15.79%.

Find out more about CMCL's earnings and revenue performance here.

What are CMCL insiders up to?

Over the last year, insiders at CMCL have not bought or sold any shares.

Get more info about who owns CMCL shares here.

Can I get consistent income from CMCL stock?

Caledonia Mining pays a dividend of 5.5%, compared to the Gold industry's average dividend yield of 2.1%. If you owned $1,000 of CMCL stock, you would have been paid $55.01 last year.

Caledonia Mining dividend payments have consistently grown over the past 7 years and have remained stable.

Get more data about Caledonia Mining dividend yield and history here.

What do other traders have to say about CMCL?

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Make your CMCL trade

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price, place a limit order.

Click the Open Trade button and your broker will execute your order.

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Step 6: Watch your CMCL position

Now that you own some CMCL stock, you'll want to keep up with your new stock purchase.

Create a watchlist to keep tabs on your CMCL stock.

CMCL Feed

How to Buy Stock in Caledonia Mining

To summarize, here are the 6 steps to buy stock in Caledonia Mining:

  1. Decide where to buy Caledonia Mining stock
  2. Create a brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Caledonia Mining stock
  5. Make your CMCL trade
  6. Watch your CMCL position

If you need a brokerage account, eToro is our favorite option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your new investment in Caledonia Mining, create a watchlist on WallStreetZen today.

NYSEMKT: CMCL
$10.18+0.23 (+2.31%)
Updated Apr 19, 2024
Open eToro Account
NYSEMKT: CMCL
$10.18+0.23 (+2.31%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Caledonia Mining share?

As of Apr 19, 2024, it costs $10.18 to buy one share of Caledonia Mining stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.491 shares of CMCL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Caledonia Mining stock?

One way to place an order for Caledonia Mining stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.