Squarepoint Ops LLC Takes Position in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL)

Squarepoint Ops LLC bought a new stake in shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 32,289 shares of the company's stock, valued at approximately $314,000. Squarepoint Ops LLC owned about 0.25% of Caledonia Mining at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Van ECK Associates Corp increased its holdings in Caledonia Mining by 7.9% in the 2nd quarter. Van ECK Associates Corp now owns 732,352 shares of the company's stock valued at $7,118,000 after buying an additional 53,678 shares during the period. Marshall Wace LLP acquired a new position in Caledonia Mining in the second quarter worth about $384,000. Renaissance Technologies LLC bought a new position in Caledonia Mining during the second quarter worth about $656,000. Empowered Funds LLC boosted its holdings in Caledonia Mining by 8.1% during the first quarter. Empowered Funds LLC now owns 48,508 shares of the company's stock valued at $537,000 after purchasing an additional 3,642 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of Caledonia Mining by 56.8% in the 1st quarter. BNP Paribas Financial Markets now owns 7,954 shares of the company's stock valued at $88,000 after purchasing an additional 2,882 shares during the period. 31.78% of the stock is owned by institutional investors.

Caledonia Mining Trading Up 2.3 %

CMCL stock traded up $0.36 during trading on Friday, hitting $15.97. 102,221 shares of the stock traded hands, compared to its average volume of 65,061. The company has a quick ratio of 1.03, a current ratio of 1.52 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $204.90 million, a P/E ratio of 31.31 and a beta of 0.73. Caledonia Mining Co. Plc has a one year low of $8.91 and a one year high of $16.10.

Caledonia Mining (NYSEAMERICAN:CMCL - Get Free Report) last posted its quarterly earnings data on Monday, August 12th. The company reported $0.51 EPS 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.