Stock data
| Market cap. | £23.8m |
| Last close | 4.75p |
| High / Low (52 weeks) | 8.8p / 4.4p |
| Stock market listing | AIM |
| Forecast net debt (m) | N/A |
| Forecast gearing ratio (%) | N/A |
| Team | Resources - Mining |
| Sector | Mining |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | (17.39) | (36.67) | (39.68) |
| Relative * | (13.33) | (31.47) | (33.71) |
* % Relative to local index
Other companies covered in sector
| Y/E Dec | Revenue (C$m) | EBITDA (C$m) | PBT (C$m) | EPS (fd) (c) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2010A | 22.4 | 2.1 | 2.1 | 0.2 | 38.0 | 5.8 |
| 2011A | 55.7 | 24.3 | 24.2 | 2.9 | 2.6 | 1.5 |
| 2012E | N/A | N/A | N/A | N/A | N/A | N/A |
| 2013E | N/A | N/A | N/A | N/A | N/A | N/A |
Last updated on 20/04/2012
Latest research
Q112 results as expected
Flash note | Mining | 11/05/2012
Sixth quarterly increase
Update | Mining | 21/11/2011
Indigenisation update
Flash note | Mining | 02/09/2011
Q2/H1 results
Update | Mining | 12/08/2011
Solid gold base
Outlook | Mining | 25/07/2011
Investment summary
Though breaking a run of seven straight quarters of increasing gold production at Blanket, Caledonia’s Q112 results are still in line with expectations laid out by the company in Q411. Gold production for Q112 was 13% lower (at 9,164oz) than Q411 (10,533oz) at cash costs of US$648/oz, 24% higher than Q411 (US$521/oz). Production was affected by scheduled maintenance work on the No. 4 Shaft, with the higher cash costs mainly arising from the increased tonnes of ore mined and milled and the lower gold production achieved during the quarter.
Last updated on 11/05/2012
Industry outlook
We use a long-term Au price of US$1,350/oz in our valuations.
Last updated on 23/04/2012
Key management
| Carl Jonsson, Chairman |
| Stefan Hayden, CEO |
| Steve Curtis, CFO |
Company address
| Suite 1201 67 Yonge Street Toronto Ontario M5E 1J8 Canada View website |
