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CMCL Stock Forecast: Caledonia Mining Corp. Plc Price Predictions for 2026-2027

Last close, 27 Oct 2026
$22
+2.06% on the day

The 3 Wall Street analysts covering Caledonia Mining Corp. Plc hold a median 12-month price target of $45 — +106.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 80 of 100 as at 27 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$411.1M
Ticker Nerd rank
80/ 100
Median analyst target
$45
Analysts covering
3
Revenue$75.9M+16.2% y/y
Operating income$33.3M
Net income$30.0M
Free cash flow$17.9M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−6.0%
1M
−8.5%
YTD
−15.7%
1Y
−25.9%
From 52W high
−32.8%
From 52W low
+30.6%
$17
$32
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CMCL stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Caledonia Mining Corp. Plc on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 27 Oct 2026
80/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality
98
Growth
94
Volatility
94
Value
93
Revisions
62
Size
55
Accruals
30
Momentum
30
Issuance
30

Quality (98): The business earns solid, repeatable profits on what it owns.

Issuance (30): The company has been issuing shares or taking on financing, diluting existing holders.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

CMCL stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CMCL, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$15$20$25$30$35$40$45$50Jan 26Apr 26Jul 26Oct 26CMCLHigh $48Median $45Low $39

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says3 analysts
3 Buy0 Hold0 Sell
Low $39Median $45High $48

The green dot is the last close — the median target sits +106.3% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
17 July 2025Maxim GroupMaintainsBuy—
14 May 2025Maxim GroupMaintainsBuy—
16 Dec 2024Maxim GroupInitiatesBuy—
29 Apr 2024Cantor FitzgeraldUpgradeSpeculative Buy—
28 Mar 2024Cantor FitzgeraldDowngradeHold—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

CMCL appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
  • The AI build-out map, free: every AI company we track, part by part, and one part in full with each verdict.

Free. Unsubscribe any time.

Performance

CMCL vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 27 Oct 2026, Caledonia Mining Corp. Plc returned −25.9% against +13.5% for the S&P 500, dividends included.

CMCL vs S&P 500, last 12 monthsTotal return, rebased to 100
5060708090100110120Jan 26Apr 26Jul 26Oct 26CMCLS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

CMCL analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−16.6%
Analysts raising
0
Analysts cutting
0
Fundamentals

Caledonia Mining Corp. Plc (CMCL) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
6.1×

Cheaper than 64% of US stocks

Price / sales
1.5×

Cheaper than 58% of US stocks

Price / book
1.4×

Cheaper than 56% of US stocks

EV / EBITDA
2.6×

Cheaper than 56% of US stocks

Growth & margins
Revenue growth (YoY)
16.5%

Higher than 65% of US stocks

Earnings growth (YoY)
16.2%

Higher than 55% of US stocks

Gross margin
51.6%

Higher than 64% of US stocks

Operating margin
61.0%

Higher than 98% of US stocks

Net margin
24.1%

Higher than 85% of US stocks

Returns & dividend
Return on equity
27.9%

Higher than 87% of US stocks

Return on assets
17.1%

Higher than 98% of US stocks

Dividend yield
2.6%

Higher than 84% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Caledonia Mining Corp. Plc (CMCL) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Caledonia Mining Corp. Plc has a market value of $411.1M and an enterprise value of $385.8M.

  • Revenue in the twelve months to 30 June 2026: $288.5M. The latest quarter grew 16.5% year on year.

  • Net income over the same four quarters: $81.7M, a 28.3% net margin.

  • Free cash flow in the twelve months to 30 June 2026: $49.9M.

  • Caledonia Mining Corp. Plc spent $22.6M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 19.3M.

  • Trailing P/E: 6.1×; forward P/E: 4.7× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.63%, paying out 16% of earnings.

  • Caledonia Mining Corp. Plc employs 2,357 people — $122K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 26 Oct 2026

Data provided by Twelve Data

Peers

CMCL vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelGold
CompanyMarket capTKN rank
CMCLCaledonia Mining Corp. Plc$411.1M80
VGZVista Gold Corp.$370.8M35
CTGOContango Silver & Gold, Inc.$485.7M15
IDRIdaho Strategic Resources, Inc.$326.7M78
GROYGold Royalty Corp.$669.3M43
DCDakota Gold Corp.$714.4M37
USAUU.S. Gold Corp.$184.6M22

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Caledonia Mining Corp. Plc — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CMCL news & analysis

Caledonia Mining Corporation Plc: Notification of Relevant Change To Significant Shareholder

Accesswire · 19 Oct 2026neutral

Caledonia Mining Corporation said it received a notification from BlackRock, Inc. on October 16, 2026, that BlackRock crossed a threshold for notification of a relevant change under the AIM Rules for Companies on October 15.

Why it matters — The notification records a relevant change by a significant shareholder, which CMCL watchers may track as part of the company's shareholder disclosures.

Caledonia Mining Corporation Plc: Notification of Relevant Change to Significant Shareholder

Accesswire · 16 Oct 2026neutral

Caledonia Mining Corporation said it received notice from BlackRock, Inc. on October 15, 2026, that BlackRock crossed a threshold for notification of a relevant change under the AIM Rules for Companies on October 14, 2026.

Why it matters — The notice reports a change in BlackRock’s significant-shareholder status, which CMCL watchers may track as part of the company’s ownership disclosures.

Caledonia Mining Corporation Plc Notification of Relevant Change to Significant Shareholder

Accesswire · 15 Oct 2026neutral

Caledonia Mining said it received notice from BlackRock, Inc. on October 14, 2026, that BlackRock crossed a threshold requiring notification of a relevant change under the AIM Rules on October 13. The company said a copy of the notification was included.

Why it matters — The notice reports a threshold-related change involving a significant shareholder, which CMCL watchers may track as part of the company’s shareholder disclosures.

Caledonia Mining says Blanket mines remains a robust operation as 2026 production target is clipped

Proactive Investors · 9 Oct 2026negative

Caledonia Mining lowered its annual gold production forecast and raised cost guidance after operational setbacks at the Blanket mine weighed on third-quarter output. Delays installing compressors and processing difficulties temporarily held about 1,100 ounces of gold in the plant.

Why it matters — The revised production and cost guidance reflects operational challenges at CMCL’s Blanket mine.

Caledonia Mining Targets 200,000+ Gold Ounces Annually as Bilboes Development Advances

MarketBeat · 4 Oct 2026positive

Caledonia Mining outlined plans to raise annual gold production to more than 200,000 ounces from 2029 onward, supported by expansion at its Blanket Mine and development of its wholly owned Bilboes gold project in Zimbabwe.

Why it matters — A CMCL watcher would care because the company has set out a clear production growth trajectory tied to its ongoing development projects.

FAQ

Frequently asked questions about CMCL stock

What is the CMCL stock price forecast for 2026-2027?

The 3 Wall Street analysts covering Caledonia Mining Corp. Plc have a median 12-month price target of $45, with estimates ranging from $39 to $48. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CMCL stock a buy right now?

Of the 3 analysts covering Caledonia Mining Corp. Plc, 3 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Caledonia Mining Corp. Plc 80 out of 100 across roughly 4,600 US stocks as at 27 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CMCL?

As at 27 Oct 2026, Caledonia Mining Corp. Plc ranks 80 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (98 of 100).

Will CMCL stock go up?

No one can know that. What the data says: the median 12-month target from 3 analysts implies +106.3% from the last close, and Ticker Nerd's factor model ranks Caledonia Mining Corp. Plc 80 out of 100 as at 27 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CMCL stock forecast for 2030?

No analyst covering Caledonia Mining Corp. Plc publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CMCL are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $39 to $48 over the next 12 months.

How has CMCL stock performed over the past year?

Caledonia Mining Corp. Plc returned -25.9% over the 12 months to 27 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Caledonia Mining Corp. Plc do?

Caledonia Mining Corporation Plc Common Stock represents ownership in Caledonia Mining Corporation Plc, a gold production, exploration, and development company focused on Zimbabwe. The company’s core operations center on the Blanket Mine, a producing gold asset, alongside the Bilboes Sulphide Project and the Motapa and Maligreen gold mining claims.

What is the latest news on CMCL?

The most recent item we track (Accesswire, 19 Oct 2026): "Caledonia Mining Corporation Plc: Notification of Relevant Change To Significant Shareholder". Caledonia Mining Corporation said it received a notification from BlackRock, Inc. on October 16, 2026, that BlackRock crossed a threshold for notification of a relevant change under the AIM Rules for Companies on October 15.

Company

About Caledonia Mining Corp. Plc.

Caledonia Mining Corporation Plc Common Stock represents ownership in Caledonia Mining Corporation Plc, a gold production, exploration, and development company focused on Zimbabwe. The company’s core operations center on the Blanket Mine, a producing gold asset, alongside the Bilboes Sulphide Project and the Motapa and Maligreen gold mining claims. Its business is built around extracting, evaluating, and advancing mineral properties for precious metals, with gold as the primary focus. Caledonia Mining also participates in exploration work aimed at identifying additional mineral resources and supporting operational output from its existing assets. Headquartered in Saint Helier, Jersey, and incorporated in 1992, the company plays a specialized role in the global mining market by concentrating on a defined set of Zimbabwe-based assets and precious metals projects.

CEO Mr. John Mark Learmonth · 2,357 employees · Jersey · https://www.caledoniamining.com