Caledonia Mining Corporation PLC $CMCL Shares Purchased by Globeflex Capital L P

Globeflex Capital L P boosted its position in Caledonia Mining Corporation PLC (NYSEAMERICAN:CMCL) by 59.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 163,383 shares of the company’s stock after purchasing an additional 60,747 shares during the period. Globeflex Capital L P owned approximately 0.85% of Caledonia Mining worth $4,276,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Marshall Wace LLP lifted its position in shares of Caledonia Mining by 287.0% during the 2nd quarter. Marshall Wace LLP now owns 164,533 shares of the company’s stock valued at $3,179,000 after acquiring an additional 122,022 shares during the last quarter. U S Global Investors Inc. lifted its position in shares of Caledonia Mining by 115.7% during the 4th quarter. U S Global Investors Inc. now owns 217,334 shares of the company’s stock valued at $5,688,000 after acquiring an additional 116,580 shares during the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in shares of Caledonia Mining during the 4th quarter valued at $2,615,000. American Century Companies Inc. lifted its position in shares of Caledonia Mining by 20.3% during the 3rd quarter. American Century Companies Inc. now owns 521,477 shares of the company’s stock valued at $18,883,000 after acquiring an additional 88,140 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of Caledonia Mining by 346.0% during the 3rd quarter. Invesco Ltd. now owns 109,994 shares of the company’s stock valued at $3,983,000 after acquiring an additional 85,334 shares during the last quarter. 31.78% of the stock is currently owned by institutional investors and hedge funds.

Caledonia Mining Price Performance

Shares of NYSEAMERICAN:CMCL opened at $21.30 on Friday. Caledonia Mining Corporation PLC has a one year low of $18.04 and a one year high of $38.75. The stock has a fifty day moving average of $23.64 and a 200-day moving average of $26.27. The company has a market capitalization of $411.30 million, a PE ratio of 6.68 and a beta of 0.61. The company has a debt-to-equity ratio of 0.35, a quick ratio of 4.08 and a current ratio of 4.66.

Caledonia Mining (NYSEAMERICAN:CMCL) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.13. Caledonia Mining had a return on equity of 23.90% and a net margin of 23.59%.The company had revenue of $66.43 million during the quarter, compared to the consensus estimate of $79.20 million.

Caledonia Mining Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, May 22nd. Caledonia Mining’s payout ratio is 116.67%.

Insider Transactions at Caledonia Mining

In other Caledonia Mining news, Director July Ndlovu sold 20,000 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $17.19, for a total transaction of $343,800.00. Following the sale, the director directly owned 229,089 shares of the company’s stock, valued at $3,938,039.91. The trade was a 8.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.68% of the stock is currently owned by company insiders.

About Caledonia Mining

Caledonia Mining Corporation PLC is a UK‐domiciled gold producer listed on the NYSE American under the ticker CMCL and on the London AIM market. The company’s flagship asset is the Blanket gold mine, located near Gwanda in southwestern Zimbabwe. Blanket is a conventional underground and surface gold operation that includes a carbon‐in‐leach processing plant and tailings retreatment facilities, providing a structurally diverse resource base and established production infrastructure.

Caledonia acquired the Blanket mine in 2004, adding to its long operating history that traces back to the early 20th century.