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CMCL vs GORO
Revenue, margins, valuation, and 5-year total return — side by side.
Gold
CMCL vs GORO — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Gold | Gold |
| Market Cap | $440M | $228M |
| Revenue (TTM) | $264M | $93M |
| Net Income (TTM) | $55M | $-6M |
| Gross Margin | 52.0% | 18.9% |
| Operating Margin | 44.3% | 13.1% |
| Forward P/E | 6.0x | 28.2x |
| Total Debt | $33M | $91M |
| Cash & Equiv. | $36M | $25M |
CMCL vs GORO — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Caledonia Mining Co… (CMCL) | 100 | 146.1 | +46.1% |
| Gold Resource Corpo… (GORO) | 100 | 36.2 | -63.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CMCL vs GORO
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CMCL carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 1.28, yield 4.5%
- Rev growth 38.9%, EPS growth 204.3%, 3Y rev CAGR 21.4%
- 428.4% 10Y total return vs GORO's -52.1%
GORO is the clearest fit if your priority is sleep-well-at-night and defensive.
- Lower volatility, beta 0.38, current ratio 2.85x
- Beta 0.38, current ratio 2.85x
- 44.0% revenue growth vs CMCL's 38.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 44.0% revenue growth vs CMCL's 38.9% | |
| Value | Lower P/E (6.0x vs 28.2x) | |
| Quality / Margins | 20.9% margin vs GORO's -6.9% | |
| Stability / Safety | Beta 0.38 vs CMCL's 1.28 | |
| Dividends | 4.5% yield; 2-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +125.9% vs CMCL's +67.6% | |
| Efficiency (ROA) | 14.2% ROA vs GORO's -4.0%, ROIC 32.4% vs 13.5% |
CMCL vs GORO — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
CMCL vs GORO — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
CMCL leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CMCL is the larger business by revenue, generating $264M annually — 2.8x GORO's $93M. CMCL is the more profitable business, keeping 20.9% of every revenue dollar as net income compared to GORO's -6.9%. On growth, GORO holds the edge at +2.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $264M | $93M |
| EBITDAEarnings before interest/tax | $132M | $25M |
| Net IncomeAfter-tax profit | $55M | -$6M |
| Free Cash FlowCash after capex | $40M | -$4M |
| Gross MarginGross profit ÷ Revenue | +52.0% | +18.9% |
| Operating MarginEBIT ÷ Revenue | +44.3% | +13.1% |
| Net MarginNet income ÷ Revenue | +20.9% | -6.9% |
| FCF MarginFCF ÷ Revenue | +15.2% | -4.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +49.4% | +2.5% |
| EPS Growth (YoY)Latest quarter vs prior year | +73.3% | +193.3% |
Valuation Metrics
CMCL leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
On an enterprise value basis, CMCL's 3.3x EV/EBITDA is more attractive than GORO's 11.8x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $440M | $228M |
| Enterprise ValueMkt cap + debt − cash | $436M | $294M |
| Trailing P/EPrice ÷ TTM EPS | 8.05x | -30.00x |
| Forward P/EPrice ÷ next-FY EPS est. | 6.05x | 28.20x |
| PEG RatioP/E ÷ EPS growth rate | 0.78x | — |
| EV / EBITDAEnterprise value multiple | 3.32x | 11.80x |
| Price / SalesMarket cap ÷ Revenue | 1.73x | 2.45x |
| Price / BookPrice ÷ Book value/share | 1.57x | 4.40x |
| Price / FCFMarket cap ÷ FCF | 10.13x | 354.18x |
Profitability & Efficiency
CMCL leads this category, winning 8 of 8 comparable metrics.
Profitability & Efficiency
CMCL delivers a 20.7% return on equity — every $100 of shareholder capital generates $21 in annual profit, vs $-23 for GORO. CMCL carries lower financial leverage with a 0.11x debt-to-equity ratio, signaling a more conservative balance sheet compared to GORO's 2.07x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +20.7% | -22.7% |
| ROA (TTM)Return on assets | +14.2% | -4.0% |
| ROICReturn on invested capital | +32.4% | +13.5% |
| ROCEReturn on capital employed | +35.3% | +8.2% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 7 |
| Debt / EquityFinancial leverage | 0.11x | 2.07x |
| Net DebtTotal debt minus cash | -$3M | $66M |
| Cash & Equiv.Liquid assets | $36M | $25M |
| Total DebtShort + long-term debt | $33M | $91M |
| Interest CoverageEBIT ÷ Interest expense | 33.33x | 0.73x |
Total Returns (Dividends Reinvested)
CMCL leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CMCL five years ago would be worth $17,211 today (with dividends reinvested), compared to $5,421 for GORO. Over the past 12 months, GORO leads with a +125.9% total return vs CMCL's +67.6%. The 3-year compound annual growth rate (CAGR) favors CMCL at 19.6% vs GORO's 14.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -13.0% | +67.9% |
| 1-Year ReturnPast 12 months | +67.6% | +125.9% |
| 3-Year ReturnCumulative with dividends | +71.1% | +48.4% |
| 5-Year ReturnCumulative with dividends | +72.1% | -45.8% |
| 10-Year ReturnCumulative with dividends | +428.4% | -52.1% |
| CAGR (3Y)Annualised 3-year return | +19.6% | +14.1% |
Risk & Volatility
GORO leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
GORO is the less volatile stock with a 0.38 beta — it tends to amplify market swings less than CMCL's 1.28 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. GORO currently trades 75.4% from its 52-week high vs CMCL's 58.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.28x | 0.38x |
| 52-Week HighHighest price in past year | $38.75 | $1.87 |
| 52-Week LowLowest price in past year | $13.05 | $0.43 |
| % of 52W HighCurrent price vs 52-week peak | +58.8% | +75.4% |
| RSI (14)Momentum oscillator 0–100 | 38.8 | 46.1 |
| Avg Volume (50D)Average daily shares traded | 189K | 1.8M |
Analyst Outlook
CMCL leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates CMCL as "Buy" and GORO as "Buy". Consensus price targets imply 41.8% upside for GORO (target: $2) vs -24.2% for CMCL (target: $17). CMCL is the only dividend payer here at 4.48% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $17.25 | $2.00 |
| # AnalystsCovering analysts | 2 | 4 |
| Dividend YieldAnnual dividend ÷ price | +4.5% | — |
| Dividend StreakConsecutive years of raises | 2 | 0 |
| Dividend / ShareAnnual DPS | $1.02 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
CMCL leads in 5 of 6 categories (Income & Cash Flow, Valuation Metrics). GORO leads in 1 (Risk & Volatility).
CMCL vs GORO: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is CMCL or GORO a better buy right now?
For growth investors, Gold Resource Corporation (GORO) is the stronger pick with 44.
0% revenue growth year-over-year, versus 38. 9% for Caledonia Mining Corporation Plc (CMCL). Caledonia Mining Corporation Plc (CMCL) offers the better valuation at 8. 0x trailing P/E (6. 0x forward), making it the more compelling value choice. Analysts rate Caledonia Mining Corporation Plc (CMCL) a "Buy" — based on 2 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CMCL or GORO?
On forward P/E, Caledonia Mining Corporation Plc is actually cheaper at 6.
0x.
03Which is the better long-term investment — CMCL or GORO?
Over the past 5 years, Caledonia Mining Corporation Plc (CMCL) delivered a total return of +72.
1%, compared to -45. 8% for Gold Resource Corporation (GORO). Over 10 years, the gap is even starker: CMCL returned +428. 4% versus GORO's -52. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CMCL or GORO?
By beta (market sensitivity over 5 years), Gold Resource Corporation (GORO) is the lower-risk stock at 0.
38β versus Caledonia Mining Corporation Plc's 1. 28β — meaning CMCL is approximately 240% more volatile than GORO relative to the S&P 500. On balance sheet safety, Caledonia Mining Corporation Plc (CMCL) carries a lower debt/equity ratio of 11% versus 2% for Gold Resource Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — CMCL or GORO?
By revenue growth (latest reported year), Gold Resource Corporation (GORO) is pulling ahead at 44.
0% versus 38. 9% for Caledonia Mining Corporation Plc (CMCL). On earnings-per-share growth, the picture is similar: Caledonia Mining Corporation Plc grew EPS 204. 3% year-over-year, compared to 92. 3% for Gold Resource Corporation. Over a 3-year CAGR, CMCL leads at 21. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CMCL or GORO?
Caledonia Mining Corporation Plc (CMCL) is the more profitable company, earning 21.
7% net margin versus -6. 9% for Gold Resource Corporation — meaning it keeps 21. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CMCL leads at 45. 5% versus 13. 1% for GORO. At the gross margin level — before operating expenses — CMCL leads at 54. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CMCL or GORO more undervalued right now?
On forward earnings alone, Caledonia Mining Corporation Plc (CMCL) trades at 6.
0x forward P/E versus 28. 2x for Gold Resource Corporation — 22. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for GORO: 41. 8% to $2. 00.
08Which pays a better dividend — CMCL or GORO?
In this comparison, CMCL (4.
5% yield) pays a dividend. GORO does not pay a meaningful dividend and should not be held primarily for income.
09Is CMCL or GORO better for a retirement portfolio?
For long-horizon retirement investors, Caledonia Mining Corporation Plc (CMCL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1.
28), 4. 5% yield, +428. 4% 10Y return). Both have compounded well over 10 years (CMCL: +428. 4%, GORO: -52. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CMCL and GORO?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
CMCL pays a dividend while GORO does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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