American Century Companies Inc. Increases Stock Position in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL)

American Century Companies Inc. raised its holdings in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCLFree 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 (NYSEAMERICAN:CMCLGet Free Report) last issued its quarterly earnings data on Monday, August 12th. The company reported $0.51 earnings per share (EPS) for the quarter. Caledonia Mining had a return on equity of 8.30% and a net margin of 7.07%. The firm had revenue of $50.11 million during the quarter.

Caledonia Mining 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.

Further Reading

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Institutional Ownership by Quarter for Caledonia Mining (NYSEAMERICAN:CMCL)

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