International Assets Investment Management LLC purchased a new stake in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 37,400 shares of the company's stock, valued at approximately $5,600,000. International Assets Investment Management LLC owned approximately 0.29% of Caledonia Mining at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the stock. Squarepoint Ops LLC acquired a new position in shares of Caledonia Mining during the second quarter worth approximately $314,000. Marshall Wace LLP acquired a new position in Caledonia Mining during the second quarter worth $384,000. Goehring & Rozencwajg Associates LLC lifted its stake in shares of Caledonia Mining by 12.8% in the second quarter. Goehring & Rozencwajg Associates LLC now owns 209,717 shares of the company's stock valued at $2,038,000 after buying an additional 23,800 shares in the last quarter. Renaissance Technologies LLC acquired a new position in shares of Caledonia Mining during the second quarter valued at about $656,000. Finally, Dimensional Fund Advisors LP increased its position in shares of Caledonia Mining by 14.9% during the second quarter. Dimensional Fund Advisors LP now owns 188,274 shares of the company's stock worth $1,830,000 after acquiring an additional 24,447 shares in the last quarter. Institutional investors and hedge funds own 31.78% of the company's stock.
Caledonia Mining Trading Down 0.6 %
NYSEAMERICAN CMCL traded down $0.09 on Friday, reaching $14.82. The company had a trading volume of 40,504 shares, compared to its average volume of 65,868. 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 firm has a market capitalization of $190.14 million, a P/E ratio of 29.06 and a beta of 0.73. Caledonia Mining Co. Plc has a 52-week low of $8.91 and a 52-week high of $16.95.
Caledonia Mining (NYSEAMERICAN:CMCL - Get Free Report) last posted its earnings results on Monday, August 12th. The company reported $0.51 EPS for the quarter. Caledonia Mining had a net margin of 7.07% and a return on equity of 8.30%. The firm had revenue of $50.11 million for the quarter.
Caledonia Mining Company Profile
(
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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