Los Angeles Capital Management LLC lifted its holdings in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL - Free Report) by 112.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 71,394 shares of the company's stock after acquiring an additional 37,724 shares during the quarter. Los Angeles Capital Management LLC owned 0.37% of Caledonia Mining worth $672,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in CMCL. Empowered Funds LLC lifted its holdings in Caledonia Mining by 27.0% in the fourth quarter. Empowered Funds LLC now owns 88,684 shares of the company's stock valued at $835,000 after acquiring an additional 18,836 shares during the period. Barclays PLC increased its holdings in shares of Caledonia Mining by 62.0% during the 3rd quarter. Barclays PLC now owns 39,892 shares of the company's stock valued at $596,000 after purchasing an additional 15,269 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Caledonia Mining by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 199,796 shares of the company's stock valued at $2,989,000 after purchasing an additional 4,412 shares during the period. State Street Corp boosted its holdings in Caledonia Mining by 0.6% during the third quarter. State Street Corp now owns 203,534 shares of the company's stock worth $3,045,000 after buying an additional 1,177 shares in the last quarter. Finally, Martingale Asset Management L P grew its position in Caledonia Mining by 164.5% during the third quarter. Martingale Asset Management L P now owns 76,063 shares of the company's stock valued at $1,138,000 after buying an additional 47,307 shares during the period. Hedge funds and other institutional investors own 31.78% of the company's stock.
Analyst Ratings Changes
Separately, Maxim Group upgraded Caledonia Mining to a "strong-buy" rating in a research report on Friday, January 3rd.
Get Our Latest Stock Analysis on CMCL
Caledonia Mining Stock Performance
Shares of CMCL traded up $0.15 during mid-day trading on Thursday, hitting $10.72. 13,773 shares of the company were exchanged, compared to its average volume of 47,298. The stock has a market cap of $206.04 million, a PE ratio of 22.33 and a beta of 0.68. Caledonia Mining Co. Plc has a 1-year low of $8.81 and a 1-year high of $16.95. The firm's 50 day simple moving average is $9.73. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.04.
About Caledonia Mining
(
Free Report)
Caledonia Mining Corporation Plc primarily operates a gold mine. It also engages in the exploration and development of mineral properties for precious metals. The company holds a 64% interest in the Blanket Mine, a gold mine located in Zimbabwe. It also owns 100% interests in the Maligreen project, a brownfield gold exploration project located in the Gweru mining district in the Zimbabwe Midlands; the Bilboes, a gold deposit located to the north of Bulawayo, Zimbabwe; and the Motapa, a gold exploration property located in Southern Zimbabwe.
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