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Caledonia Mining Co. Plc (CAL.TO) (TSE:CAL – Get Free Report) shares shot up 3.3% during trading on Tuesday . The stock traded as high as C$23.17 and last traded at C$22.87. 20,380 shares traded hands during trading, an increase of 134% from the average session volume of 8,717 shares. The stock had previously closed at C$22.13.
Caledonia Mining Co. Plc (CAL.TO) Price Performance
The company has a debt-to-equity ratio of 1.20, a current ratio of 2.98 and a quick ratio of 1.62. The firm’s 50 day moving average is C$22.87. The company has a market capitalization of C$263.49 million and a price-to-earnings ratio of 6.29.
About Caledonia Mining Co. Plc (CAL.TO)
Caledonia Mining Corporation Plc primarily engages in the exploration and development of gold properties. The company also explores for precious metals. It primarily holds a 49% interest in the Blanket Mine, a gold mine located in Zimbabwe. The company was formerly known as Caledonia Mining Corporation and changed its name to Caledonia Mining Corporation Plc in March 2016.
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