Caledonia Mining Receives Buy Rating from WH Ireland (CMCL)
Caledonia Mining (LON:CMCL)‘s stock had its “buy” rating restated by investment analysts at WH Ireland in a note issued to investors on Tuesday. They currently have a GBX 100 ($1.68) price objective on the stock. WH Ireland’s price target indicates a potential upside of 68.35% from the company’s current price.
Caledonia Mining (LON:CMCL) opened at 59.35 on Tuesday. Caledonia Mining has a 1-year low of GBX 42.25 and a 1-year high of GBX 62.00. The stock has a 50-day moving average of GBX 56.65 and a 200-day moving average of GBX 48.12.
Several other analysts have also recently commented on the stock. Analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of Caledonia Mining in a research note on Wednesday, July 9th. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Caledonia Mining in a research note on Thursday, May 15th. They now have a GBX 100 ($1.68) price target on the stock.
Caledonia Mining Corporation (LON:CMCL) is an exploration, development and mining corporation focused on Southern Africa.
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