Caledonia Mining Corporation Plc (CMCL) Reports Q3 EPS of $0.26 ; Provides Outlook

Caledonia Mining Corporation Plc (NYSE: CMCL) reported Q3 EPS of $0.26. Revenue for the quarter came in at $46.9 million.

Outlook:-

Caledonia reiterates gold production guidance for 2024 of between 74,000 and 78,000 ounces2 at Blanket.
On-mine cost guidance for 2024 at Blanket has increased to between $950 and $1,050 per ounce from the previous guidance of $870 to $970 per ounce due to higher labour and electricity costs. Management is pursuing initiatives to achieve cost reductions in both of these areas.

For earnings history and earnings-related data on Caledonia Mining Corporation Plc (CMCL) click here.

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