Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) Shares Acquired by Empowered Funds LLC

Empowered Funds LLC increased its stake in shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) by 34.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,848 shares of the company’s stock after acquiring an additional 17,740 shares during the period. Empowered Funds LLC owned about 0.54% of Caledonia Mining worth $1,045,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Russell Investments Group Ltd. boosted its stake 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 worth $25,000 after acquiring an additional 1,324 shares in the last quarter. BNP Paribas Financial Markets grew its stake in 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 acquiring an additional 2,882 shares during the period. Rhumbline Advisers increased its holdings in Caledonia Mining by 22.5% in the 2nd quarter. Rhumbline Advisers now owns 20,627 shares of the company’s stock worth $200,000 after acquiring an additional 3,795 shares in the last quarter. Squarepoint Ops LLC acquired a new position in Caledonia Mining during the second quarter worth $314,000. Finally, Marshall Wace LLP purchased a new position in Caledonia Mining during the second quarter valued at $384,000. 31.78% of the stock is currently owned by hedge funds and other institutional investors.

Caledonia Mining Trading Down 3.0 %

Shares of CMCL opened at $10.72 on Friday. Caledonia Mining Co. Plc has a one year low of $8.91 and a one year high of $16.95. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.44 and a quick ratio of 0.89. The company has a market cap of $137.47 million, a P/E ratio of 22.27 and a beta of 0.72.

Caledonia Mining Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 5.23%. The ex-dividend date of this dividend is Friday, November 22nd. Caledonia Mining’s dividend payout ratio is currently 116.67%.

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.