Renaissance Technologies LLC Buys New Holdings in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL)

Renaissance Technologies LLC purchased a new position in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 67,500 shares of the company’s stock, valued at approximately $656,000. Renaissance Technologies LLC owned about 0.53% of Caledonia Mining as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Van ECK Associates Corp lifted its stake in shares of Caledonia Mining by 7.9% in the 2nd quarter. Van ECK Associates Corp now owns 732,352 shares of the company’s stock worth $7,118,000 after acquiring an additional 53,678 shares during the period. Dimensional Fund Advisors LP lifted its position in Caledonia Mining by 14.9% in the second quarter. Dimensional Fund Advisors LP now owns 188,274 shares of the company’s stock valued at $1,830,000 after purchasing an additional 24,447 shares during the period. Goehring & Rozencwajg Associates LLC boosted its holdings in Caledonia Mining by 4.9% in the 4th quarter. Goehring & Rozencwajg Associates LLC now owns 170,117 shares of the company’s stock valued at $2,075,000 after purchasing an additional 7,960 shares in the last quarter. American Century Companies Inc. boosted its holdings in Caledonia Mining by 10.0% in the 2nd quarter. American Century Companies Inc. now owns 102,932 shares of the company’s stock valued at $1,000,000 after purchasing an additional 9,318 shares in the last quarter. Finally, Empowered Funds LLC increased its position in Caledonia Mining by 8.1% during the 1st quarter. Empowered Funds LLC now owns 48,508 shares of the company’s stock worth $537,000 after purchasing an additional 3,642 shares during the period. Institutional investors and hedge funds own 31.78% of the company’s stock.

Caledonia Mining Stock Up 0.3 %

NYSEAMERICAN CMCL opened at $15.66 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.52 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $200.92 million, a P/E ratio of 223.71 and a beta of 0.72. Caledonia Mining Co. Plc has a 1-year low of $8.91 and a 1-year high of $15.75.

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 during the quarter. Caledonia Mining had a return on equity of 8.30% and a net margin of 7.07%.

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.