Caledonia Mining Corporation Plc reported a significant increase in second quarter net profit, with earnings per share more than doubling compared to the prior year. EBITDA also saw a substantial increase of 94%, reaching $39.5 million. Revenue for the quarter was up 30% to $65.0 million, driven by higher gold prices and slightly higher production levels. Adjusted EPS also showed strong growth, reaching 113.9 cents. For more earnings news and updates, visit rttnews.com.
Read more at Nasdaq: Caledonia Mining Q2 Profit Rises