Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) Shares Acquired by Empowered Funds LLC

Empowered Funds LLC raised its stake in shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) by 34.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 69,848 shares of the company’s stock after acquiring an additional 17,740 shares during the period. Empowered Funds LLC’s holdings in Caledonia Mining were worth $1,045,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Russell Investments Group Ltd. increased its stake in Caledonia Mining by 144.7% during the first quarter. Russell Investments Group Ltd. now owns 2,239 shares of the company’s stock worth $25,000 after purchasing an additional 1,324 shares during the period. BNP Paribas Financial Markets grew 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 purchasing an additional 2,882 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Caledonia Mining by 22.5% in the second quarter. Rhumbline Advisers now owns 20,627 shares of the company’s stock valued at $200,000 after purchasing an additional 3,795 shares in the last quarter. Bank of New York Mellon Corp increased its stake 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 during the period. Finally, American Century Companies Inc. raised its stake in shares of Caledonia Mining by 10.0% in the second quarter. American Century Companies Inc. now owns 102,932 shares of the company’s stock valued at $1,000,000 after acquiring an additional 9,318 shares in the last quarter. 31.78% of the stock is currently owned by institutional investors and hedge funds.

Caledonia Mining Trading Down 3.0 %

NYSEAMERICAN:CMCL opened at $10.72 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.44 and a debt-to-equity ratio of 0.04. Caledonia Mining Co. Plc has a 12-month low of $8.91 and a 12-month high of $16.95. The firm has a market capitalization of $137.47 million, a P/E ratio of 22.27 and a beta of 0.72.

Caledonia Mining Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.23%. The ex-dividend date of this dividend is Friday, November 22nd. Caledonia Mining’s dividend payout ratio is presently 116.67%.

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.