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Caledonia Mining Corporation PlcResults for the quarter ended March 31, 2019

ST. HELIER, Jersey, Might 14, 2019 (GLOBE NEWSWIRE) – Caledonia Mining Corporation Plc (“Caledonia” or “The Company”) pronounces its operation.

Gold manufacturing in the Quarter was 11,948 ounces, about eight per cent under the first quarter of 2018 (the “comparable quarter” or “Q1 2018”).

Consolidated working profit earlier than tax of $ 12.3m for the Quarter was 105 per cent greater than Q1 2018

Attributable profit after tax was also greater than in the similar period in 2018 at $ 9.3m once more on account of the sale of a subsidiary of $ 5.4m. distinctive gadgets which outweighed decrease Gross profit. Overseas trade positive factors and income are based mostly on the cumulative earnings per share of 23 cents, which was 44 per cent decrease than the reference value.

Working cash flows for the Quarter have been $ 6.three million, as well as the money stability of $ 9.7 million at 31 March 2019.

Q1 2019 % Change