Maxim raised Caledonia Mining Corporation Plc’s price target from $21 to $28 and maintained a Buy rating. The company reported higher-than-expected gold production in Q2 from its mine in Zimbabwe and raised its production forecasts. The Blanket Mine produced 21,070 ounces in Q2, setting a new quarterly record. Caledonia Mining Corporation Plc owns a 64% stake in the Blanket Mine, along with other mining assets in Zimbabwe. While CMCL shows investment potential, some AI stocks may offer greater upside potential with less downside risk. No promotional content included.

Read more at Yahoo Finance: Maxim Raised the Firm’s PT on Caledonia Mining (CMCL), Kept a Buy Rating