U S Global Investors Inc. Invests $3.65 Million in Caledonia Mining Corporation PLC $CMCL

U S Global Investors Inc. acquired a new position in shares of Caledonia Mining Corporation PLC (NYSEAMERICAN:CMCL) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 100,754 shares of the company’s stock, valued at approximately $3,648,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CMCL. Optimum Investment Advisors acquired a new position in Caledonia Mining in the third quarter valued at about $54,000. EverSource Wealth Advisors LLC raised its position in shares of Caledonia Mining by 6,486.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,910 shares of the company’s stock valued at $37,000 after acquiring an additional 1,881 shares during the period. Legal & General Group Plc raised its position in shares of Caledonia Mining by 166.9% in the 2nd quarter. Legal & General Group Plc now owns 3,617 shares of the company’s stock valued at $70,000 after acquiring an additional 2,262 shares during the period. Osaic Holdings Inc. boosted its stake in Caledonia Mining by 81.8% during the 2nd quarter. Osaic Holdings Inc. now owns 4,192 shares of the company’s stock worth $81,000 after acquiring an additional 1,886 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in Caledonia Mining during the second quarter valued at approximately $120,000. Institutional investors own 31.78% of the company’s stock.

Caledonia Mining Stock Up 0.6%

Shares of NYSEAMERICAN:CMCL opened at $26.33 on Friday. The company has a 50 day moving average price of $27.07 and a two-hundred day moving average price of $26.86. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.20 and a current ratio of 1.78. The company has a market capitalization of $506.06 million, a PE ratio of 10.21 and a beta of 0.50. Caledonia Mining Corporation PLC has a 52 week low of $8.81 and a 52 week high of $38.75.

Caledonia Mining Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Investors of record on Friday, November 21st were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, November 21st. Caledonia Mining’s dividend payout ratio (DPR) is presently 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.