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Caledonia Mining Reports No Issuance Under ATM Sales Agreement

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Caledonia Mining Reports No Issuance Under ATM Sales Agreement

Elevate Your Investing Strategy:

Caledonia Mining ( (CMCL) ) just unveiled an update.

Caledonia Mining Corporation Plc announced the status of its ‘At the Market’ sales agreement with Cantor Fitzgerald & Co, which was initiated on December 17, 2024. As of June 16, 2025, no securities have been issued under this agreement, leaving 4,000,000 depositary interests unissued. This update indicates that the company has not yet utilized the agreement to raise capital, which may impact its financial strategy and stakeholder expectations.

The most recent analyst rating on (CMCL) stock is a Buy with a $17.00 price target. To see the full list of analyst forecasts on Caledonia Mining stock, see the CMCL Stock Forecast page.

Spark’s Take on CMCL Stock

According to Spark, TipRanks’ AI Analyst, CMCL is a Outperform.

Caledonia Mining’s strong financial performance and technical indicators are the primary drivers of its stock score. The company demonstrates robust revenue growth, improved profitability, and a healthy balance sheet, supported by positive earnings call insights. Technical analysis highlights bullish momentum. Valuation is reasonable but not significantly undervalued, while operational challenges are being proactively managed.

To see Spark’s full report on CMCL stock, click here.

More about Caledonia Mining

Caledonia Mining Corporation Plc is a mining company with a focus on gold production and exploration. It operates primarily in Zimbabwe and is listed on multiple stock exchanges, including NYSE American, AIM, and VFEX.

Average Trading Volume: 139,531

Technical Sentiment Signal: Buy

Current Market Cap: $375.5M

Find detailed analytics on CMCL stock on TipRanks’ Stock Analysis page.

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