Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Caledonia Mining's share price for the quarter that ended in Mar. 2026 was $22.59. Caledonia Mining's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 19.3 Mil. Therefore, Caledonia Mining's market cap for the quarter that ended in Mar. 2026 was $436.3 Mil.
Caledonia Mining's quarterly market cap
declined
from Sep. 2025 ($699.0 Mil) to Dec. 2025 ($505.2 Mil) and
declined
from Dec. 2025 ($505.2 Mil) to Mar. 2026 ($436.3 Mil).
Caledonia Mining's annual market cap
declined
from Dec. 2023 ($234.1 Mil) to Dec. 2024 ($180.8 Mil) but then
increased
from Dec. 2024 ($180.8 Mil) to Dec. 2025 ($505.2 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Caledonia Mining's Enterprise Value for Today is $349.8 Mil.
Caledonia Mining (AMEX:CMCL) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Caledonia Mining Market Cap Related Terms
Caledonia Mining Market Cap Historical Data
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The historical data trend for Caledonia Mining's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gold subindustry, Caledonia Mining's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Caledonia Mining Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Caledonia Mining's Market Cap distribution charts can be found below:
* The bar in red indicates where Caledonia Mining's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Caledonia Mining's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Caledonia Mining (CMCL) has a Market Cap of $376.4 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Caledonia Mining and its competitors. According to the industry distribution chart, Caledonia Mining ranks #485 out of 2687 companies in the Metals & Mining industry, placing it in the top 18%.
Is Caledonia Mining's Market Cap too high?
Caledonia Mining's current Market Cap is $376.4 Mil. The Metals & Mining industry median Market Cap is 21.51. Caledonia Mining's value of $376.4 Mil is 1649.6% above this industry median. Based on the distribution chart, Caledonia Mining ranks #485 out of 2687 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Caledonia Mining has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Caledonia Mining's Market Cap compare to VGZ and IDR?
According to the Metals & Mining industry distribution chart, Caledonia Mining ranks #485 out of 2687 companies for Market Cap. This places Caledonia Mining in the top 18% of its industry — outperforming the majority of peers. The industry median Market Cap is 21.51. Caledonia Mining's value of $376.4 Mil is 1649.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Metals & Mining company?
The median Market Cap among Metals & Mining companies is 21.51, based on 2,687 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Caledonia Mining's current Market Cap of $376.4 Mil is 1649.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Caledonia Mining and its competitors. For the Metals & Mining industry, the median Market Cap is 21.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caledonia Mining's current Market Cap is $376.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caledonia Mining stock overvalued right now?
Based on GuruFocus' analysis, Caledonia Mining (CMCL) is currently considered Fairly Valued. The stock's GF Value™ is $20.85, compared to a current price of $19.49 — trading 6.5% below its estimated fair value. The current Market Cap is $376.4 Mil and 1649.6% above the Metals & Mining industry median of 21.51. Caledonia Mining's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Caledonia Mining (CMCL), the current Market Cap is $376.4 Mil as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Caledonia Mining (CMCL) Overvalued in 2026?
Based on GuruFocus' analysis, Caledonia Mining stock appears to be undervalued.
The current stock price of $19.49 is trading 6.5% below its estimated GF Value™ of $20.85.
GuruFocus considers Caledonia Mining to be Fairly Valued.
Key valuation signals for CMCL:
Market Cap: $376.4 Mil
GF Value™: $20.85 vs. price of $19.49 (6.5% below fair value)
Industry Position: 1649.6% above the Metals & Mining median (#485 of 2687)
No single metric tells the full story. See the CMCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caledonia Mining Corp PLC is a gold exploration, development, and mining company. The company's segment includes Blanket, South Africa, Bilboes Oxide mine, and E&E projects. The company generates the majority of its revenue from the Blanket project. The Blanket Mine is located in the south-west of Zimbabwe and operates at a depth of approximately 750 meters below the surface. Its project includes Maligreen and Motapa.
91GF Score
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