Director Ndlovu July buys 15,000 shares of CMCL at $24.81, totaling $372,150.00, while stock sits -38.3% from 52-week high
Director Ndlovu July purchased 15,000 shares of Caledonia Mining Corp Plc (CMCL) at $24.81 per share for a total of $372,150.00, raising his post-transaction holdings to 229,089 shares from a pre-transaction level of 214,089 shares. The purchase occurred against a backdrop of notable price weakness: the stock has declined -7.2% over the prior 30 days and -20.3% over the prior 90 days, and sits -38.3% below its 52-week high of $38.75. The current market price of $23.92 is below the $24.81 transaction price, placing the position immediately underwater relative to the acquisition cost. With a market cap of $461,770,433.28, this transaction represents a director adding to an already substantial position during a period of sustained price deterioration across both the 30-day and 90-day windows.