Globeflex Capital L P Has $4.28 Million Position in Caledonia Mining Corporation PLC $CMCL

Globeflex Capital L P raised its position in shares of Caledonia Mining Corporation PLC (NYSEAMERICAN:CMCL) by 59.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 163,383 shares of the company’s stock after purchasing an additional 60,747 shares during the quarter. Globeflex Capital L P’s holdings in Caledonia Mining were worth $4,276,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CMCL. EverSource Wealth Advisors LLC raised its stake in Caledonia Mining by 6,486.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,910 shares of the company’s stock valued at $37,000 after purchasing an additional 1,881 shares during the period. Smartleaf Asset Management LLC raised its stake in Caledonia Mining by 65.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,037 shares of the company’s stock valued at $38,000 after purchasing an additional 411 shares during the period. Quarry LP acquired a new stake in Caledonia Mining during the 3rd quarter valued at $50,000. Banque Cantonale Vaudoise acquired a new stake in Caledonia Mining during the 3rd quarter valued at $64,000. Finally, Legal & General Group Plc raised its stake in Caledonia Mining by 166.9% during the 2nd quarter. Legal & General Group Plc now owns 3,617 shares of the company’s stock valued at $70,000 after purchasing an additional 2,262 shares during the period. 31.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Caledonia Mining

In other news, Director July Ndlovu sold 20,000 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $17.19, for a total value of $343,800.00. Following the transaction, the director directly owned 229,089 shares of the company’s stock, valued at approximately $3,938,039.91. This represents a 8.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 3.68% of the company’s stock.

Caledonia Mining Price Performance

Shares of NYSEAMERICAN:CMCL opened at $21.30 on Friday. Caledonia Mining Corporation PLC has a 12-month low of $18.04 and a 12-month high of $38.75. The company has a quick ratio of 4.08, a current ratio of 4.66 and a debt-to-equity ratio of 0.35. The company has a market cap of $411.30 million, a P/E ratio of 6.68 and a beta of 0.61. The company’s fifty day moving average is $23.64 and its two-hundred day moving average is $26.27.

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

Caledonia Mining Dividend Announcement

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

Caledonia Mining Company Profile

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.