Marshall Wace LLP Purchases Shares of 39,458 Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL)

Marshall Wace LLP acquired a new stake in shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 39,458 shares of the company’s stock, valued at approximately $384,000. Marshall Wace LLP owned about 0.31% of Caledonia Mining at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of CMCL. Russell Investments Group Ltd. boosted its position in 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 buying an additional 1,324 shares during the period. BNP Paribas Financial Markets grew its stake 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 worth $88,000 after purchasing an additional 2,882 shares during the last quarter. Rhumbline Advisers increased its holdings in 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 purchasing an additional 3,795 shares during the period. Bank of New York Mellon Corp lifted its holdings in Caledonia Mining by 11.8% in 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 during the period. Finally, Empowered Funds LLC grew its position in shares of Caledonia Mining by 8.1% in the 1st quarter. Empowered Funds LLC now owns 48,508 shares of the company’s stock worth $537,000 after buying an additional 3,642 shares during the last quarter. Hedge funds and other institutional investors own 31.78% of the company’s stock.

Caledonia Mining Stock Up 1.0 %

Shares of CMCL opened at $15.60 on Friday. Caledonia Mining Co. Plc has a 1-year low of $8.91 and a 1-year high of $15.75. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.03 and a current ratio of 1.52. The stock has a market cap of $200.15 million, a PE ratio of 222.86 and a beta of 0.72.

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

About Caledonia Mining

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.