Hsbc Holdings PLC Has $176,000 Position in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL)

Hsbc Holdings PLC lessened its position in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) by 22.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,238 shares of the company’s stock after selling 5,231 shares during the period. Hsbc Holdings PLC owned about 0.14% of Caledonia Mining worth $176,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Van ECK Associates Corp increased its holdings in Caledonia Mining by 7.9% during the 2nd quarter. Van ECK Associates Corp now owns 732,352 shares of the company’s stock valued at $7,118,000 after purchasing an additional 53,678 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Caledonia Mining by 8.1% in the first quarter. Empowered Funds LLC now owns 48,508 shares of the company’s stock valued at $537,000 after buying an additional 3,642 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Caledonia Mining by 56.8% in the first quarter. BNP Paribas Financial Markets now owns 7,954 shares of the company’s stock valued at $88,000 after buying an additional 2,882 shares during the last quarter. Rhumbline Advisers lifted its position in Caledonia Mining by 22.5% during the 2nd quarter. Rhumbline Advisers now owns 20,627 shares of the company’s stock worth $200,000 after buying an additional 3,795 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in 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 worth $467,000 after buying an additional 5,087 shares in the last quarter. Institutional investors own 31.78% of the company’s stock.

Caledonia Mining Stock Performance

CMCL stock opened at $15.17 on Friday. The company has a market capitalization of $194.63 million, a P/E ratio of 216.71 and a beta of 0.72. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.52 and a quick ratio of 1.03. Caledonia Mining Co. Plc has a fifty-two week low of $8.91 and a fifty-two week high of $15.75.

Caledonia Mining (NYSEAMERICAN:CMCL) last issued its earnings results on Monday, August 12th. The company reported $0.51 earnings per share (EPS) for the quarter. Caledonia Mining had a net margin of 7.07% and a return on equity of 8.30%. The company had revenue of $50.11 million for the quarter.

Caledonia Mining Company 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.