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Caledonia Mining Corporation Plc: Results for the Year ended December 31, 2019 and Notice of a Management Conference Call

Caledonia Mining Corporation Plc Common Shares (CMCL) 
NASDAQ:AMEX Investor Relations: caledoniamining.com
Company Research Source: GlobeNewswire
ST HELIER, Jersey, March 18, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL; TSX: CAL) (“Caledonia” or the “Company”) announces its operating and financial results for the year ended December 31, 2019 (the “Year”).  Further information on the financial and operating results for the Year and the quarter ended December 31, 2019 (the “Quarter” or “Q4”) can be found in the Management Discussion and Analysis (“MD&A”) and the audited financial statements which are available on the Company’s website and which have been filed on SEDAR. 2019 Financial Highlights Gross revenues of $75.8 million (2018, $68.4 million).Gross profit1 of $31.1 million (2018, $21.6 million) at a gross margin of 41 per cent (2018, 32 per cent).EBITDA2 of $29.9 million (2018, $19.1 million) at a margin of 39 per cent (2018, 28 per cent).On-mine cost3 of $651 per ounce (2018, $690 per ounce).Normalised all-in sustaining cost2 (i.e. excluding the effect of the export credit Show less Read more
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