On July 17, 2025, Maxim Group announced an update on the stock of Caledonia Mining (CMCL, Financial), maintaining their current "Buy" rating. The analyst behind this update, Tate Sullivan, has raised the price target for CMCL from $21.00 to $28.00, reflecting a significant increase of 33.33%.
The decision to adjust the price target upwards highlights Maxim Group's positive outlook on Caledonia Mining's (CMCL, Financial) future performance. The company's stock continues to be rated as a "Buy," reinforcing investor confidence in CMCL's growth potential.
This update follows a thorough analysis by Maxim Group, signaling that Caledonia Mining (CMCL, Financial) is poised to overcome market challenges and achieve substantial financial growth. Investors are advised to monitor any further updates regarding CMCL to stay informed about potential changes in their financial forecasts.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Caledonia Mining Corp PLC (CMCL, Financial) is $20.79 with a high estimate of $28.00 and a low estimate of $12.59. The average target implies an upside of 0.31% from the current price of $20.72. More detailed estimate data can be found on the Caledonia Mining Corp PLC (CMCL) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Caledonia Mining Corp PLC's (CMCL, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Caledonia Mining Corp PLC (CMCL, Financial) in one year is $15.10, suggesting a downside of 27.12% from the current price of $20.72. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Caledonia Mining Corp PLC (CMCL) Summary page.
