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 $10.13, up 1% from the previous day, and has decreased 25.95% in one year. It has underperformed other stocks in the Gold industry by 0.18 percentage points. Caledonia Mining stock is currently +13.69% from its 52-week low of $8.91, and -33.09% from its 52-week high of $15.14.
As of Apr 25, 2024, there are 19.19M CMCL shares outstanding. The market cap of CMCL is $194.38M. In the past 24 hours, 41,662 CMCL shares were traded.
How to Buy Caledonia Mining Stock
Not sure how to invest in Caledonia Mining stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Choose your method of payment and add your details.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to world financial markets: From Tech to Financial Services, New York to Shanghai — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 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.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create your new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
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.
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
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 1.75x
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
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 16.01%.
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 5.53%, compared to the Gold industry's average dividend yield of 2.08%. If you owned $1,000 of CMCL stock, you would have been paid $55.28 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.
Click below to find out what other community members have to say.
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.
If you require additional info about investing in stocks on eToro, click the how to video below:
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:
- Decide where to buy Caledonia Mining stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Analyze Caledonia Mining stock
- Make your CMCL trade
- Watch your CMCL position
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Caledonia Mining, create a watchlist on WallStreetZen today.
Related Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.