Caledonia Mining Corporation Plc (CMCL) Reports Q1 2026 Results

On May 11, Caledonia Mining Corporation Plc (NYSEAMERICAN:CMCL) reported Q1 gross of $66.43 cardinal with a 18.3% maturation YoY. EBITDA climbed by 50.2% to $33.87 cardinal arsenic higher golden prices offset little production. The institution said nett aft taxation roseate 69.4% to $18.91 million, with gross nett expanding 19.2% to $32.10 million.

The corp besides reported consolidated golden income of 13,784 ounces arsenic compared to 19,388 ounces a twelvemonth earlier. It noted constrained entree to higher people areas that reduced caput people to 2.5g/t from 3.1g/t and lowered betterment 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 currency travel of $18.87 cardinal and a escaped currency travel of $12.28 million. It besides declared a $0.14 dividend payable June 5, 2026. CEO Mark Learmonth said higher prices "offset the interaction of little production," adding people improvements continued into April.

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

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