Wall Street is negative on Caledonia Mining Corporation Plc (CMCL). On average, analysts give Caledonia Mining Corporation Plc a Strong Sell rating. The average price target is $, which means analysts expect the stock to fall by -100.00% over the next twelve months.
That average ranking earns Caledonia Mining Corporation Plc an Analyst Rating of 0, which is better than 0% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Caledonia Mining Corporation Plc Stock Today?
Caledonia Mining Corporation Plc (CMCL) stock is trading at $17.20 as of 2:41 PM on Tuesday, Jun 30, a gain of $2.26, or 15.11% from the previous closing price of $14.94. The stock has traded between $14.50 and $17.28 so far today. Volume today is 139,513 compared to average volume of 168,050.