CMCL
I purchased CMCL today at $13.78, In April I sold in the mid 15's, and decided to buyback today.
1) They had a good q1 better than I thought it would be too be honest, and I expect even better results in the coming quarters as production will ramp up through the year and continue through 2022.
2) CMCL is yielding almost 3.5% hence it is paying a rather healthy divy. And they have a history of raising the divy as well, and it is easily covered at this point.
Conclusion: CMCL is now my favorite way to play the gold sector cheap on q1 results, but I believe they will only get better at 2021 goes on and even better into 2022. The dividend will probably continue to rise over time, and right now at almost 3.5% and near the low end of the recent range, seems like a good time to buy it, which is why I did purchase some today. All is just my opinion, and I could always be wrong though.
