Caledonia Mining Corporation delivers high yield exposure to the gold sector with increasing production from the 64% owned Blanket Gold Mine in Zimbabwe. With an improving political situation, Caledonia offers the in-country experience to capitalise on production backed exploration in a significant under-explored African greenstone belt. We value Caledonia on a base case in the region of $233m or £14.85/share, based on a long-term $1,750/oz gold price and assuming a 12% discount rate. With a foc ....
18 May 2022
Cenkos:Caledonia Mining Corporation - Yield and Growth
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Cenkos:Caledonia Mining Corporation - Yield and Growth
Caledonia Mining Corporation PLC (CMCL:LON) | 825 -206.3 (-2.9%) | Mkt Cap: 158.4m
- Published:
18 May 2022 -
Author:
Will Dymott -
Pages:
37
Caledonia Mining Corporation delivers high yield exposure to the gold sector with increasing production from the 64% owned Blanket Gold Mine in Zimbabwe. With an improving political situation, Caledonia offers the in-country experience to capitalise on production backed exploration in a significant under-explored African greenstone belt. We value Caledonia on a base case in the region of $233m or £14.85/share, based on a long-term $1,750/oz gold price and assuming a 12% discount rate. With a foc ....