# Caledonia Mining (CMCL) — Analyst Forecast

CMCL · AMEX · Stock

Canonical page: https://www.lighthorse.io/tickers/cmcl/forecast

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Jul 17, 2025 | Maxim Group | Maintained | Buy | $28.00 |
| May 14, 2025 | Maxim Group | Maintained | Buy | $21.00 |
| Dec 16, 2024 | Maxim Group | Initiated Coverage | Buy | $17.00 |
| Apr 29, 2024 | Cantor Fitzgerald | Upgraded | Hold → Speculative Buy | $13.50 |
| Mar 28, 2024 | Cantor Fitzgerald | Downgraded | Speculative Buy → Hold | — |

## Frequently Asked Questions

### What is the latest analyst rating on CMCL?

On Jul 17, 2025, Maxim Group maintained Caledonia Mining at Buy with a price target of $28.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).