Caledonia Mining Corporation board has declared a quarterly dividend of 14 cents per share, payable on April 17, 2025.
Other Financial Highlights include:
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Gross revenue of $183.0 million, up from $146.3 million in 2023, reflecting higher gold prices.
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Record gross profit of $77.0 million, up 86% from 2023 driven by a combination of higher gold prices and lower production costs at the Bilboes oxide mine (2023: $41.5 million).
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Net attributable profit of $17.9 million (2023: net loss of $7.9 million).
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Substantially stronger operating cash flow of $42.0 million compared to $14.8 million in 2023.
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Basic IFRS earnings per share ("EPS") of 91.2 cents (2023: loss per share of 43.6 cents).
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Adjusted EPS of 125.2 cents (2023: loss per share of 10.3 cents).
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Net cash and cash equivalents improved to negative $8.7 million (31 December 2023: negative $11.0 million).
