Caledonia Mining (CMCL) Shares Outstanding (2015 - 2026)
Caledonia Mining (CMCL) reported Shares Outstanding of 19.28 million for the quarter ended Jun 30, 2026, up 0.4% from 19.2 million a year earlier and unchanged from the prior quarter.
Caledonia Mining (CMCL) Shares Outstanding (2015 - 2026) Analysis & Trends
Dating back to the quarter ended Dec 31, 2015, Caledonia Mining's Shares Outstanding record includes 42 quarters.
- Shares Outstanding has increased for seven consecutive years, with a five-year compound annual growth rate of 10.5% (years ended Dec 2020 to Dec 2025).
- By year, Shares Outstanding came in at 19.2 million in the year ended Dec 31, 2024 (+3.1%), 18.63 million in the year ended Dec 31, 2023 (+45.2%), 12.83 million in the year ended Dec 31, 2022 (+5.4%) and 12.17 million in the year ended Dec 31, 2021 (+4.0%).
- Year over year, Shares Outstanding has now increased in each of the last three quarters, with growth averaging 1.5% over the last five quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding ranged from 0.4% (the quarter ended Dec 31, 2025) to 45.2% (the quarter ended Mar 31, 2024).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 19.28 million (quarter ended Mar 31, 2026), 19.28 million (quarter ended Dec 31, 2025) and 19.2 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | 1.62 Bn |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 829.10 Mn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 1.07 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 1.96 Bn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 1.44 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 501.99 Mn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 1.71 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 228.20 Mn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 763.00 Mn |
| 10 | Caledonia Mining | 454.24 Mn | 90.69 Mn | 39.18 Mn | 19.28 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.28 Mn |
| Mar 31, 2026 | 19.28 Mn |
| Dec 31, 2025 | 19.28 Mn |
| Sep 30, 2025 | 19.20 Mn |
| Jun 30, 2025 | 19.20 Mn |
| Mar 31, 2025 | 19.20 Mn |
| Dec 31, 2024 | 19.20 Mn |
| Sep 30, 2024 | 18.63 Mn |
| Jun 30, 2024 | 18.63 Mn |
| Mar 31, 2024 | 18.63 Mn |
| Dec 31, 2023 | 18.63 Mn |
| Sep 30, 2023 | 12.83 Mn |
| Jun 30, 2023 | 12.83 Mn |
| Mar 31, 2023 | 12.83 Mn |
| Dec 31, 2022 | 12.83 Mn |
| Sep 30, 2022 | 12.17 Mn |
| Jun 30, 2022 | 12.17 Mn |
| Mar 31, 2022 | 12.17 Mn |
| Dec 31, 2021 | 12.17 Mn |
| Sep 30, 2021 | 11.70 Mn |
Caledonia Mining Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=CMCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "CMCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=CMCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();