Caledonia Mining Corp vs New Found Gold
Caledonia Mining Corp is the larger business, with $268m of revenue in fiscal 2025 against $4.2m for New Found Gold (64.4 times as much). Caledonia Mining Corp kept more of each dollar of sales as profit: a net margin of 20.6% against -819.2%. New Found Gold carries less debt relative to equity (0.1% against 12.1%).
| Latest fiscal year | Caledonia Mining CorpCMCL, 2025 | New Found GoldNFGC, 2025 |
|---|---|---|
| Revenue | $268m | $4.2m |
| Revenue growth | 46.2% | — |
| Net income | $55.2m | −$34.1m |
| Operating margin | 41.0% | -1102.0% |
| Net margin | 20.6% | -819.2% |
| Return on equity | 23.4% | -11.1% |
| Free cash flow | $43.8m | −$40.8m |
| Cash | $35.7m | $42.9m |
| Total debt | $31.4m | $440,267 |
| Debt to equity | 12.1% | 0.1% |
| Dividend per share | — | — |
| Dividend yield | 5.2% | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $368m | $351m |
| Price vs our value range | Below our value range | — |
| Moat score | 67 (Moderate) | — |
| Insider trades, 12 months | 3 buys, 1 sales | 0 buys, 0 sales |