CMCL
Caledonia Mining Corporation
NYSE MKT: CMCL · BASIC MATERIALS · GOLD
$22.90
+1.37% today
Updated 2026-04-30
Market cap
$487.85M
P/E ratio
8.93
P/S ratio
1.92x
EPS (TTM)
$2.83
Dividend yield
2.22%
52W range
$12 – $38
Volume
0.2M
Caledonia Mining Corporation (CMCL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.66M | $10.14M | $6.32M | $11.04M | $22.40M | $54.56M | $75.61M | $61.15M | $50.90M | $48.98M | $61.99M | $69.76M | $68.40M | $75.83M | $100.00M | $121.33M | $142.08M | $146.31M | $183.02M | $254.14M |
| Revenue growth (YoY) | — | -13.0% | -37.6% | +74.6% | +102.9% | +143.6% | +38.6% | -19.1% | -16.8% | -3.8% | +26.6% | +12.5% | -2.0% | +10.9% | +31.9% | +21.3% | +17.1% | +3.0% | +25.1% | +38.9% |
| Cost of revenue | $7.43M | $9.84M | $3.65M | $7.85M | $14.12M | $26.04M | $34.48M | $33.09M | $33.26M | $35.80M | $38.50M | $43.44M | $46.81M | $44.69M | $53.35M | $67.25M | $80.26M | $104.83M | $106.03M | $117.02M |
| Gross profit | $4.23M | $296880.00 | $2.68M | $3.19M | $8.28M | $28.52M | $41.13M | $28.06M | $17.64M | $13.18M | $23.49M | $26.32M | $21.59M | $31.14M | $46.66M | $54.07M | $61.82M | $41.48M | $76.99M | $137.12M |
| Gross margin | 36.3% | 2.9% | 42.3% | 28.9% | 37.0% | 52.3% | 54.4% | 45.9% | 34.7% | 26.9% | 37.9% | 37.7% | 31.6% | 41.1% | 46.7% | 44.6% | 43.5% | 28.4% | 42.1% | 54.0% |
| R&D | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $1.77M | $1.98M | $3.20M | $2.05M | $2.40M | $4.68M | $18.72M | $5.39M | $7.03M | $6.93M | $7.68M | $7.04M | $6.24M | $6.33M | $9.41M | $9.57M | $13.03M | $18.53M | $19.01M | $21.55M |
| Operating income | $2.47M | $-2.62M | $-3.97M | $-398242.00 | $4.26M | $20.33M | $20.36M | $8.94M | $11.48M | $8.49M | $16.43M | $20.62M | $21.42M | $60.89M | $40.73M | $36.15M | $30.19M | $10.96M | $43.67M | $115.60M |
| Operating margin | 21.2% | -25.9% | -62.9% | -3.6% | 19.0% | 37.3% | 26.9% | 14.6% | 22.6% | 17.3% | 26.5% | 29.6% | 31.3% | 80.3% | 40.7% | 29.8% | 21.2% | 7.5% | 23.9% | 45.5% |
| EBITDA | $2.50M | $-1.85M | $-2.15M | $-2.17M | $4.52M | $23.84M | $23.85M | $25.77M | $15.62M | $8.81M | $19.75M | $24.74M | $25.09M | $65.47M | $45.42M | $44.20M | $40.35M | $25.48M | $59.72M | $131.30M |
| EBITDA margin | 21.5% | -18.2% | -34.0% | -19.7% | 20.2% | 43.7% | 31.5% | 42.1% | 30.7% | 18.0% | 31.9% | 35.5% | 36.7% | 86.3% | 45.4% | 36.4% | 28.4% | 17.4% | 32.6% | 51.7% |
| EBIT | $2.47M | $-1.87M | $-2.48M | $-2.59M | $3.95M | $20.91M | $20.44M | $22.69M | $12.26M | $5.49M | $16.23M | $20.95M | $21.00M | $61.03M | $40.80M | $36.16M | $30.20M | $10.99M | $43.70M | $115.60M |
| Interest expense | $20590.00 | $678474.00 | $84634.00 | $252124.00 | $267537.00 | $158667.00 | $160831.00 | $128000.00 | $154000.00 | $536000.00 | $192000.00 | $69000.00 | $273000.00 | $344000.00 | $367000.00 | $375000.00 | $657000.00 | $3.02M | $2.96M | $3.51M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-4.70M | $-4.66M | $-4.06M | $-3.77M | $2.26M | $11.88M | $8.77M | $-2.87M | $4.22M | $4.78M | $8.53M | $9.38M | $10.77M | $42.02M | $20.78M | $17.40M | $11.24M | $-7.86M | $17.90M | $55.22M |
| Net income growth (YoY) | — | +0.8% | +12.9% | +7.1% | +159.8% | +426.5% | -26.2% | -132.7% | +247.0% | +13.3% | +78.4% | +10.1% | +14.7% | +290.3% | -50.5% | -16.3% | -35.4% | -170.0% | +327.7% | +208.5% |
| Profit margin | -40.3% | -46.0% | -64.2% | -34.2% | 10.1% | 21.8% | 11.6% | -4.7% | 8.3% | 9.8% | 13.8% | 13.5% | 15.7% | 55.4% | 20.8% | 14.3% | 7.9% | -5.4% | 9.8% | 21.7% |