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Caledonia Mining Delays Financial Results Due to Accounting Query

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Caledonia Mining Delays Financial Results Due to Accounting Query

Caledonia Mining ( (CMCL) ) has provided an announcement.

Caledonia Mining Corporation Plc announced a delay in the publication of its financial results for the year ended December 31, 2024, due to a query raised by auditors regarding deferred tax accounting from 2019. The issue, which is non-cash in nature, is not expected to affect the company’s cash position or its underlying performance, which remains in line with previous guidance and market expectations. The financial results are expected to be published by March 31, 2025, and the CFO, Chester Goodburn, will remain in his role until then.

More about Caledonia Mining

Caledonia Mining Corporation Plc operates in the mining industry, focusing primarily on gold production. The company is listed on the NYSE American, AIM, and VFEX exchanges, indicating a broad market focus.

YTD Price Performance: 24.92%

Average Trading Volume: 49,286

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $219.4M

For a thorough assessment of CMCL stock, go to TipRanks’ Stock Analysis page.

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