CMCL vs SAZ

Comparison between Caledonia Mining Corporation Plc (CMCL, Company) and Saratoga Investment Corp (SAZ, Company).

CMCL vs SAZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CMCL(COMPANY)	SAZ(COMPANY)
Market Cap	$410M	$409M
Max Drawdown	68.22%	2.98%
Sharpe Ratio	0.40	-0.78
5Y Beta	0.72	0.04
Industry	Gold	N/A
P/E Ratio	6.54	10.93
Forward P/E	8.12	N/A
PEG Ratio	0.05	0.37
Dividend Yield	2.44%	5.24%
5Y Dividends CAGR	11.02%	N/A
5Y EPS CAGR	17.57%	N/A
Debt to Equity	42.61%	186.64%
Free Cash Flow Yield	11.84%	-21.51%
P/S Ratio	1.53	N/A
P/B Ratio	1.31	N/A

Market Cap

Winner

CMCL

$410M

SAZ

$409M

Max Drawdown

CMCL

68.22%

Winner

SAZ

2.98%

Sharpe Ratio

Winner

CMCL

0.40

SAZ

-0.78

5Y Beta

CMCL

0.72

Winner

SAZ

0.04

Industry

CMCL

Gold

SAZ

N/A

P/E Ratio

Winner

CMCL

6.54

SAZ

10.93

Forward P/E

CMCL

8.12

SAZ

N/A

PEG Ratio

Winner

CMCL

0.05

SAZ

0.37

Dividend Yield

CMCL

2.44%

Winner

SAZ

5.24%

5Y Dividends CAGR

CMCL

11.02%

SAZ

N/A

5Y EPS CAGR

CMCL

17.57%

SAZ

N/A

Debt to Equity

Winner

CMCL

42.61%

SAZ

186.64%

Free Cash Flow Yield

Winner

CMCL

11.84%

SAZ

-21.51%

P/S Ratio

CMCL

1.53

SAZ

N/A

P/B Ratio

CMCL

1.31

SAZ

N/A

CMCL vs SAZ - Historical Returns

Returns include dividend reinvestment.

Period	CMCL	SAZ
1 month	+31.22%	+1.50%
3 months	-7.56%	-0.02%
6 months	-23.28%	+1.59%
1 year	-3.60%	-0.39%
5 years(CAGR)	+17.59%	N/A
10 years(CAGR)	+19.60%	N/A
Max(CAGR)	+19.60%	+0.76%

Winner

CMCL

+31.22%

SAZ

+1.50%

CMCL

-7.56%

Winner

SAZ

-0.02%

CMCL

-23.28%

Winner

SAZ

+1.59%

CMCL

-3.60%

Winner

SAZ

-0.39%

5Y(CAGR)

CMCL

+17.59%

SAZ

N/A

10Y(CAGR)

CMCL

+19.60%

SAZ

N/A

Max(CAGR)

Winner

CMCL

+19.60%

SAZ

+0.76%

CMCL vs SAZ - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	CMCL	SAZ
2026	-12.59%	+1.10%
2025	+183.80%	-0.21%
2024	-20.87%	-0.04%
2023	-0.20%	+2.00%
2022	+12.80%	N/A
2021	-34.09%	N/A
2020	+93.04%	N/A
2019	+54.11%	N/A
2018	-28.14%	N/A
2017	+20.37%	N/A

CMCL vs SAZ Drawdown Comparison

The maximum drawdown for CMCL was -65.77%, occurring on Sep 26, 2022. Recovery took 1253 trading sessions.

The maximum drawdown for SAZ was -2.98%, occurring on Apr 10, 2025. This drawdown has not yet recovered.

The current CMCL drawdown is -38.67%. The current SAZ drawdown is -0.74%.

Rank	CMCL	SAZ
#1	-65.77% Jul 24, 2020 - Jul 22, 2025	-2.98% Oct 1, 2024 - Apr 10, 2025
#2	-54.72% Oct 15, 2025 - Jul 20, 2026	-2.36% Aug 4, 2023 - Dec 21, 2023
#3	-47.41% Apr 24, 2018 - Jan 30, 2020	-2.03% Apr 28, 2023 - Jun 16, 2023
#4	-45.33% Feb 24, 2020 - Apr 22, 2020	-2.03% Feb 12, 2024 - Sep 30, 2024
#5	-32.20% Jun 15, 2020 - Jul 15, 2020	-1.11% Jun 26, 2023 - Jul 31, 2023
#6	-21.57% Aug 9, 2017 - Nov 22, 2017	-0.37% Jan 12, 2024 - Jan 18, 2024
#7	-18.74% Jul 23, 2025 - Aug 13, 2025	-0.35% Jan 18, 2024 - Feb 8, 2024
#8	-15.80% Nov 29, 2017 - Jan 16, 2018	-0.32% Jun 21, 2023 - Jun 26, 2023
#9	-10.26% Jan 29, 2018 - Apr 4, 2018	-0.23% Jan 2, 2024 - Jan 12, 2024
#10	-8.54% May 8, 2020 - May 18, 2020	-0.07% Dec 22, 2023 - Dec 27, 2023
#11	-7.92% Oct 8, 2025 - Oct 15, 2025	-0.04% Jun 16, 2023 - Jun 21, 2023
#12	-7.47% Feb 7, 2020 - Feb 21, 2020	-0.04% Dec 27, 2023 - Jan 2, 2024
#13	-6.78% Jun 10, 2020 - Jun 15, 2020	-0.00% Apr 25, 2023 - Apr 28, 2023
#14	-5.86% Aug 18, 2025 - Aug 21, 2025	N/A
#15	-5.80% Aug 13, 2025 - Aug 18, 2025	N/A