Renaissance Technologies LLC Makes New $656,000 Investment in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL)

Renaissance Technologies LLC purchased a new position in shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 67,500 shares of the company's stock, valued at approximately $656,000. Renaissance Technologies LLC owned 0.53% of Caledonia Mining at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Van ECK Associates Corp increased its stake in shares of Caledonia Mining by 7.9% in the second quarter. Van ECK Associates Corp now owns 732,352 shares of the company's stock worth $7,118,000 after purchasing an additional 53,678 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Caledonia Mining by 14.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 188,274 shares of the company's stock valued at $1,830,000 after purchasing an additional 24,447 shares during the last quarter. Goehring & Rozencwajg Associates LLC boosted its stake in shares of Caledonia Mining by 4.9% in the 4th quarter. Goehring & Rozencwajg Associates LLC now owns 170,117 shares of the company's stock valued at $2,075,000 after purchasing an additional 7,960 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Caledonia Mining by 10.0% during the 2nd quarter. American Century Companies Inc. now owns 102,932 shares of the company's stock valued at $1,000,000 after purchasing an additional 9,318 shares during the last quarter. Finally, Empowered Funds LLC raised its position in Caledonia Mining by 8.1% in the 1st quarter. Empowered Funds LLC now owns 48,508 shares of the company's stock worth $537,000 after purchasing an additional 3,642 shares during the period. 31.78% of the stock is owned by hedge funds and other institutional investors.

Caledonia Mining Price Performance

Shares of CMCL stock traded down $0.21 during mid-day trading on Wednesday, reaching $15.45. The stock had a trading volume of 86,763 shares, compared to its average volume of 64,796. The company has a current ratio of 1.52, a quick ratio of 1.03 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $198.22 million, a price-to-earnings ratio of 223.71 and a beta of 0.72. Caledonia Mining Co. Plc has a 52-week low of $8.91 and a 52-week high of $15.75.

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

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.