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Caledonia Mining reports strong results with significant growth potential in gold market

UBS forecasts gold prices could reach $3,500 as investors seek safe havens. Caledonia Mining Corporation reported a strong financial performance with a net profit of $17.9 million and operating cash flow of $42 million, driven by higher gold prices. Analyst Will Dymott values the company at £1,800 per share, highlighting significant upside potential as it focuses on the Bilboes mine and continues to trade at a discount compared to peers.

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