Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) Short Interest Update

Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL - Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 167,100 shares, a growth of 12.1% from the September 15th total of 149,000 shares. Based on an average trading volume of 88,400 shares, the short-interest ratio is currently 1.9 days.

Institutional Trading of Caledonia Mining

Institutional investors and hedge funds have recently made changes to their positions in the stock. Russell Investments Group Ltd. lifted its position in Caledonia Mining by 144.7% during the first quarter. Russell Investments Group Ltd. now owns 2,239 shares of the company's stock worth $25,000 after buying an additional 1,324 shares during the period. BNP Paribas Financial Markets lifted its position in Caledonia Mining by 56.8% during the first quarter. BNP Paribas Financial Markets now owns 7,954 shares of the company's stock worth $88,000 after buying an additional 2,882 shares during the period. Empowered Funds LLC lifted its position in Caledonia Mining by 8.1% during the first quarter. Empowered Funds LLC now owns 48,508 shares of the company's stock worth $537,000 after buying an additional 3,642 shares during the period. Rhumbline Advisers lifted its position in Caledonia Mining by 22.5% during the second quarter. Rhumbline Advisers now owns 20,627 shares of the company's stock worth $200,000 after buying an additional 3,795 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in Caledonia Mining by 11.8% during the second quarter. Bank of New York Mellon Corp now owns 48,073 shares of the company's stock worth $467,000 after buying an additional 5,087 shares during the period. 31.78% of the stock is currently owned by hedge funds and other institutional investors.

Caledonia Mining Stock Up 2.0 %

Caledonia Mining stock traded up $0.32 during trading hours on Tuesday, hitting $16.25. The stock had a trading volume of 94,599 shares, compared to its average volume of 65,325. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.03 and a current ratio of 1.52. The firm has a market capitalization of $208.49 million, a price-to-earnings ratio of 31.22 and a beta of 0.73. Caledonia Mining has a 1-year low of $8.91 and a 1-year high of $16.25.

Caledonia Mining (NYSEAMERICAN:CMCL - Get Free Report) last posted its earnings results on Monday, August 12th. The company reported $0.51 earnings per share for the quarter. The company had revenue of $50.11 million for the quarter. Caledonia Mining had a return on equity of 8.30% and a net margin of 7.07%.

Caledonia Mining Company Profile

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.