- While Gold experiences its typical seasonal sell-off, contrarian opportunities among the beaten down gold stocks are starting to show up.
- Caledonia Mining is an established and profitable gold producer in Zimbabwe expanding production from the Blanket Mine in the Gwanda Greenstone Belt, Zimbabwe.
- With the new shaft, gold production will likely increase by 45% in 2022.
- Lucrative dividend policy, currently yielding 3.63%.
- The stock is currently extremely oversold and could snap back quickly 15-20% from here.
For further details see:
Caledonia Mining: High-Dividend Gold Producer From Zimbabwe