Caledonia experiences highs and lows in third quarter

TSX-, NYSE- and Aim-listed Caledonia Mining says its earnings for the third quarter were positively impacted on by significant currency devaluations, which realised foreign exchange gains, during the quarter ended September.

The company achieved basic earnings per share (EPS) of 61.1c, compared with basic EPS of 34.6c reported for the third quarter of 2018.