
Headquartered in the island of Jersey, Caledonia Mining Corporation Plc (CMCL) is a gold mine operator that explores for and produces gold and other precious metals. The company’s operations are primarily focused on the Blanket Mine in Zimbabwe. CMCL operates through three segments: Corporate; Zimbabwe; and South Africa and Zambia.
Amid bearish investor sentiment and surging market volatility, investors have been shifting to safe-haven investments to hedge their portfolios against the current market risks.