Share on StockTwits

Equities researchers at Daniel Stewart & Co assumed coverage on shares of Caledonia Mining (LON:CMCL) in a research report issued on Tuesday. The firm set a “buy” rating and a GBX 73 ($1.22) price target on the stock. Daniel Stewart & Co’s price target points to a potential upside of 23.73% from the stock’s previous close.

Shares of Caledonia Mining (LON:CMCL) opened at 58.55 on Tuesday. Caledonia Mining has a 1-year low of GBX 42.25 and a 1-year high of GBX 62.00. The stock’s 50-day moving average is GBX 57.76 and its 200-day moving average is GBX 48.61.

Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd cut their price target on shares of Caledonia Mining from GBX 100 ($1.67) to GBX 90 ($1.50) in a research note on Wednesday, August 13th. They now have a “buy” rating on the stock. Separately, analysts at WH Ireland reiterated a “buy” rating on shares of Caledonia Mining in a research note on Tuesday, August 12th. They now have a GBX 100 ($1.67) price target on the stock. Finally, analysts at WH Ireland reiterated a “buy” rating on shares of Caledonia Mining in a research note on Tuesday, July 15th. They now have a GBX 100 ($1.67) price target on the stock.

Caledonia Mining Corporation (LON:CMCL) is an exploration, development and mining corporation focused on Southern Africa.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.