American Century Companies Inc. raised its holdings in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL – Free Report) by 10.0% during the second quarter, Holdings Channel.com reports. The firm owned 102,932 shares of the company’s stock after purchasing an additional 9,318 shares during the quarter. American Century Companies Inc.’s holdings in Caledonia Mining were worth $1,000,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. lifted its position in shares of Caledonia Mining by 144.7% during the 1st quarter. Russell Investments Group Ltd. now owns 2,239 shares of the company’s stock valued at $25,000 after acquiring an additional 1,324 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Caledonia Mining by 56.8% during the 1st quarter. BNP Paribas Financial Markets now owns 7,954 shares of the company’s stock valued at $88,000 after acquiring an additional 2,882 shares during the period. Empowered Funds LLC lifted its position in shares of Caledonia Mining by 8.1% during the 1st quarter. Empowered Funds LLC now owns 48,508 shares of the company’s stock valued at $537,000 after acquiring an additional 3,642 shares during the period. Rhumbline Advisers lifted its position in shares of Caledonia Mining by 22.5% during the 2nd quarter. Rhumbline Advisers now owns 20,627 shares of the company’s stock valued at $200,000 after acquiring an additional 3,795 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of Caledonia Mining by 11.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 48,073 shares of the company’s stock valued at $467,000 after acquiring an additional 5,087 shares during the period. Hedge funds and other institutional investors own 31.78% of the company’s stock.
Caledonia Mining Trading Down 0.4 %
CMCL stock opened at $14.96 on Tuesday. Caledonia Mining Co. Plc has a 12-month low of $8.91 and a 12-month high of $15.20. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.52 and a quick ratio of 1.03. The company has a market cap of $191.94 million, a PE ratio of 213.71 and a beta of 0.72.
Caledonia Mining 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.
Further Reading
- Five stocks we like better than Caledonia Mining
- What is a support level?
- TJX Stock: A Buying Opportunity Before the Holiday Rush
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge
- Best Stocks Under $5.00
- Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth
Want to see what other hedge funds are holding CMCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL – Free Report).
Receive News & Ratings for Caledonia Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caledonia Mining and related companies with MarketBeat.com's FREE daily email newsletter.