Dual-listed Caledonia Mining Corporation posted earnings before interest, taxes, depreciation and amortisation (Ebitda) of $14.6-million for the quarter ended March 31, compared with Ebitda of $9.7-million reported for the quarter ended March 31, 2021.
Adjusted earnings per share (EPS) amounted to $0.63, compared with adjusted EPS of $0.52 in the prior comparable quarter.
Caledonia paid a dividend of $0.14 in the quarter under review – a 27% increase on the $0.11 dividend paid in the first quarter of 2021.
Caledonia Mining Corporation plc (LON:CMCL) is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe.