Caledonia Mining Corporation Plc (CMCL) Reports Q1 2026 Results

Caledonia Mining Corporation Plc (NYSEAMERICAN:CMCL) is one of the Most Profitable Stocks.

On May 11, Caledonia Mining Corporation Plc (NYSEAMERICAN:CMCL) reported Q1 revenue of $66.43 million with a 18.3% growth YoY. EBITDA climbed by 50.2% to $33.87 million as higher gold prices offset lower production. The company said profit after tax rose 69.4% to $18.91 million, with gross profit increasing 19.2% to $32.10 million.

The corporation also reported consolidated gold sales of 13,784 ounces as compared to 19,388 ounces a year earlier. It noted constrained access to higher grade areas that reduced head grade to 2.5g/t from 3.1g/t and lowered recovery rates. Costs followed, with on-mine costs averaging $1,740 per ounce and AISC reaching $2,765 per ounce.

Caledonia Mining Corporation Plc (NYSEAMERICAN:CMCL) had an operating cash flow of $18.87 million and a free cash flow of $12.28 million. It also declared a $0.14 dividend payable June 5, 2026. CEO Mark Learmonth said higher prices “offset the impact of lower production,” adding grade improvements continued into April.

Caledonia Mining Corporation Plc (CMCL) Reports Q1 2026 Results

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Caledonia Mining Corporation Plc (NYSEAMERICAN:CMCL) explores, develops, and produces gold and other precious metals from its mineral properties. Its projects include Blanket Gold Mine and Maligreen.

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