Stock Idea…Caledonia
Mining Corp PLC
Symbol : CAL
Exchange: TSX
Market Cap : 77.0
Million
Revenue : 65 Million
Three Year Revenue Growth : -0.7 %
Investment Type : Micro Cap Value/Growth
Three Year Revenue Growth : -0.7 %
Investment Type : Micro Cap Value/Growth
Price/Earnings : 8.4
Forward P/E : 182.5
Price/Book : 1.1
Price/Sales : 1.0
Price/Cash Flow : 3.0
Price : 7.30
Investment Stem : Cheap Small Cap Screen
Investment Stem : Cheap Small Cap Screen
Caledonia Mining Corp
PLC and its subsidiaries are engaged in the operation of a gold mine and the
exploration and development of mineral properties for precious metals. Its
segments include Corporate, Zimbabwe, South Africa and Zambia.
Caledonia Mining Corporation Plc is
primarily involved in the operation of a gold mine, and the exploration and
development of mineral properties for precious metals. The Company's activities
are focused on the Blanket Mine in Zimbabwe. Its segments include Corporate, Zimbabwe,
South Africa and Zambia. The
Corporate segment includes the Company and Greenstone Management Services
Limited (UK)
responsible for administrative functions. The Zimbabwe segments include Caledonia
Holdings Zimbabwe Limited and subsidiaries. The Zambia segments consist of Nama
copper project and cobalt project. The South Africa segment comprises a
gold mine, as well as sales made by Caledonia Mining South Africa Proprietary
Limited to the Blanket Mine. The Blanket Mine is located approximately 560
kilometers south of Harare and over 150
kilometers south of Bulawayo.
It has exploration title holdings in the Gwanda Greenstone Belt totaling
approximately 80 claims, covering a total area of over 2,500 hectares.
The dreaded metrics
from Morningstar…
http://quote.morningstar.ca/Quicktakes/stock/keyratios.aspx?t=CAL®ion=CAN&culture=en-CA&ops=clear
The company’s website…
An article from seeking alpha from 2016...
Another company which came up in my cheap small caps scan of
the Canadian market. Very cheap with surprisingly good operational metrics. Has a dividend yield of 4.80 percent which is very
rare for a micro cap gold miner. Capex is expected to drop dramatically starting
next year. Allan Gray (South Africa Institution) owns 19.8 percent of the
company. There are risks of course but as far as I can see they have already
been discounted into the company’s stock price. Not trading too far above its
tangible book value. A very interesting investment idea especially for the
longer term. Is listed on the NYSE as CMCL
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