Caledonia Mining Q2 Profit Rises
(RTTNews) - Caledonia Mining Corporation Plc reported that its second quarter net profit attributable to shareholders was $20.5 million compared to $8.3 million, prior year. Earnings per share, in cents, was 105.7 compared to 41.6. EBITDA was $39.5 million, up 94%. Adjusted EPS, in cents, was 113.9 compared to 44.6. Revenue was $65.0 million, a 30% increase from $50.1 million, a year ago. The company said this improvement was driven by higher gold prices and slightly higher production.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.