Caledonia Mining (TSE:CAL) Shares Cross Below Fifty Day Moving Average of $13.49

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Caledonia Mining Co. Plc (TSE:CAL)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $13.49 and traded as low as $10.81. Caledonia Mining shares last traded at $13.15, with a volume of 11,823 shares changing hands.

The firm has a market cap of $138.77 million and a PE ratio of 3.50. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.70 and a quick ratio of 1.53. The stock has a 50-day moving average price of C$13.49 and a 200 day moving average price of C$11.16.

About Caledonia Mining (TSE:CAL)

Caledonia Mining Corporation Plc primarily engages in the exploration and development of gold properties. The company also explores for precious metals. It primarily holds a 49% interest in the Blanket Mine, a gold mine located in Zimbabwe. The company was formerly known as Caledonia Mining Corporation and changed its name to Caledonia Mining Corporation Plc in March 2016.

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