Caledonia Mining Corporation PLC

CMCL

Compliant
Exchange
Sector
Headquarters
Group
NYSE MKT
Basic Materials
Jersey
Micro cap

Caledonia Mining Corporation PLC is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

0.02%

Impure Income*

$0.000

Purification*

$0.044

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
BUY
$13.92
$12.10
$17.00
6
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
14.02%
0.00%
-3.03%
0.00
0.00
0.00%

Shariah Compliance

  • Updated on April 14, 2025
Debt
11.36%
✓
Non-Compliant Assets
0.09%
✓
Impure Income
0.02%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
12.87%
✓
Impure Income
0.02%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
11.75%
✓
Impure Income
0.02%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
7.61%
✓
Cash
2.12%
✓
Cash & AR
3.35%
✓
Impure Income
0.02%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
7.61%
✓
Cash
2.12%
✓
Cash & AR
3.35%
✓
Impure Income
0.02%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.02%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Caledonia Mining Corporation Plc is a gold production, exploration and development company focused on Zimbabwe. The Company owns a 64% stake in the gold-producing Blanket Mine (Blanket), 100% stakes in the Bilboes mine and the Motapa and Maligreen gold mining claims, all situated in Zimbabwe. The Blanket Gold Mine is a Zimbabwean gold mine, which operates at a depth of approximately 750 meters below surface and produced approximately 55,000 ounces of gold. Blanket also holds brownfield exploration and development projects both on the existing mine area and on its satellite properties which are within trucking distance of the Blanket metallurgical recovery plant. It also holds the Motapa gold exploration property in Southern Zimbabwe. The Maligreen project is a property situated in the Gweru mining district in the Zimbabwe Midlands. The Bilboes is a large, high grade gold deposit located approximately 75 kilometers (km) north of Bulawayo, Zimbabwe.

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