Caledonia Mining Corporation Plc
Caledonia Mining Corporation Plc (LSE: CMCL) is trading at £17.65, about ₹2,247 at today's GBP/INR rate, as of 30 Sep 2026, 9:03 AM ET. Indian residents can buy Caledonia Mining from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£17.34
Today's high
£17.90
52 week low
£12.50
52 week high
£29.00
CMCL opened at £17.34, closed previously at £17.65, and has traded between £12.50 and £29.00 over the past 52 weeks.
About
Caledonia Mining Corporation Plc's core business centers on the operation of a gold mine, alongside the exploration and development of various precious metal properties. A key asset is its 64% equity stake in the Blanket Mine, a gold operation situated in Zimbabwe's Matabeleland South Province. Furthermore, Caledonia has entered into an agreement to procure full ownership of the Maligreen project, a brownfield gold exploration venture located in the Gweru mining district within the Zimbabwe Midlands. Established in 1992, the company underwent a name change in March 2016, transitioning from Caledonia Mining Corporation to its present designation, Caledonia Mining Corporation Plc. Its corporate headquarters are located in Saint Helier, Jersey.
Key statistics
Avg. volume
5.15K
Market cap
£340.87M
P/E Ratio
7.07
Price-to-sales ratio
1.62
Enterprise value
$514.07M
Free cash flow yield
8.38%
Debt-to-equity ratio
0.40
Return on equity
21.32%
ROIC
18.99%
Beta
0.66
Dividend yield
2.38%
Last dividend
£0.42
Financial overview
Revenue
$253.83M
Earnings per share
$2.83
Free cash flow
$43.35M
Net profit margin
23.31%
Gross margin
52.58%
EBITDA
$126.08M
Revenue growth
38.69%
Similar securities
This is not an investment recommendation
How to buy Caledonia Mining from India
Indian residents can buy Caledonia Mining shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to GBP.
Search for Caledonia Mining and place an order
Find Caledonia Mining by name or by its ticker, CMCL, and choose an order type. Caledonia Mining trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Caledonia Mining position in GBP and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Caledonia Mining from India
Trading and taxes when buying Caledonia Mining from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Caledonia Mining’s current yield is 2.38%.Dividend tax explained
- Transaction tax
- The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Caledonia Mining stock?
Yes. Caledonia Mining (CMCL) has been listed on the London Stock Exchange since 2005, in the Gold industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to GBP. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Caledonia Mining share cost in rupees?
One Caledonia Mining share is £17.65 — about ₹2,247 at a GBP/INR rate of 127.32 on 30 Sep 2026. Both the Caledonia Mining price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Caledonia Mining from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Caledonia Mining shares taxed in India?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the GBP/INR rate on the purchase and the sale date, so the rupee move counts alongside the Caledonia Mining price. Paasa issues a capital-gains statement for your return.
Does Caledonia Mining pay a dividend, and how is it taxed in India?
Yes. Caledonia Mining pays a dividend and the current yield is 2.38%; the last declared dividend was £0.42 per share, about ₹53.26. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Caledonia Mining from India?
The London Stock Exchange trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
Is Caledonia Mining a United Kingdom company, and does that change how it is taxed?
Caledonia Mining trades on the London Stock Exchange in GBP, but the company is domiciled in Jersey. Caledonia Mining trades as an ordinary share listed directly in the UK, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Are there transaction taxes when buying Caledonia Mining?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it. This is charged by the market, not by Paasa.
Do I have to declare Caledonia Mining shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Caledonia Mining holding, its cost and its closing value.
How do I sell Caledonia Mining and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in GBP in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.