)
Visual
test
Caledonia Mining
Caledonia Mining (CMCL) investor relations material
Caledonia Mining Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary10 Nov, 2025
Executive summary
Q3 2025 revenue rose 52% year-over-year to $71.4 million, driven by a 40% increase in realized gold price to $3,434/oz and higher sales volumes, with Blanket Mine producing 19,106 oz and sales of 20,355 oz.
EBITDA surged 162% to $33.5 million, and profit after tax increased 467% to $18.7 million compared to Q3 2024.
A fatality at Blanket Mine prompted a comprehensive safety review and new risk management measures.
Exploration programs at Blanket and Motapa advanced, with Motapa drilling 71–72% complete and a maiden resource declaration expected H1 2026; Bilboes Feasibility Study announcement is imminent.
Quarterly dividend of $0.14/share declared, with $14.7 million in dividends paid year-to-date.
Financial highlights
Revenue for Q3 2025 was $71.4 million, up 52% from Q3 2024, with gold sold up 9% year-over-year to 20,792 oz and gold produced up 1% to 19,106 oz.
EBITDA rose 163% to $33.5 million; attributable profit increased 492% to $15.1 million.
Free cash flow was $5.9 million, reversing a loss in the prior year.
EPS for Q3 2025 was $0.77, up from $0.13 in Q3 2024.
Total liquidity at quarter-end was $44.3 million, with net cash and liquid assets at $35.0 million.
Outlook and guidance
2025 gold production guidance maintained at 75,500–79,500 oz, currently 3,000 oz ahead of plan.
On-mine cost guidance for 2025 raised to $1,150–$1,250/oz; AISC guidance up to $1,850–$1,950/oz due to higher royalties and admin costs.
Capital expenditure guidance for 2025 is $41.0 million, with $34.1 million for Blanket and $5.8 million for exploration at Bilboes and Motapa.
Dividend expected to be maintained, with no increase planned until after Bilboes project completion.
Scheduled engineering work at Blanket planned for 2026–2027, with stockpiling to ensure uninterrupted milling.
Motapa integration into Bilboes timeline
Impact of cost initiatives on 2025 guidance
Capital allocation post-Bilboes completion
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 7 FebGICRE
Net profit for the nine months surged to ₹6,62,217 lakhs, with a robust solvency ratio of 3.87. - 7 Feb517271
Strong revenue and profit growth, interim dividend, and major investments approved. - 7 Feb514167
Quarterly and nine-month results reflect solid revenue, profit, and compliance with new labour codes. - 7 FebMGL
Strong revenue growth offset by lower margins and profit; interim dividend declared. - 7 FebPGIL
Strong revenue and margin growth, with India set for further expansion and upgraded ratings. - 7 Feb504614
Strong revenue and profit growth in Q3 FY26, led by power and steel segments. - 7 FebCHEMPLASTS
Net losses widened and revenue fell year-over-year amid regulatory and market headwinds. - 7 FebSBIN
Q3 FY26 net profit reached ₹21,028.15 crore, driven by robust income and strategic divestments. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus.
Next Caledonia Mining earnings date
Q4 202531 Mar, 2026
Caledonia Mining
Next Caledonia Mining earnings date
Q4 202531 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Caledonia Mining Corporation Plc is a mining and exploration company focused on the acquisition, development, and operation of gold mining properties. The company primarily operates the Blanket Gold Mine in Zimbabwe, producing gold and exploring for additional mineral resources. The company is headquartered in Saint Helier, Jersey, and its shares are listed on the LSE and the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage