47,531 Shares in Caledonia Mining Corporation PLC $CMCL Bought by TrueMark Investments LLC

TrueMark Investments LLC acquired a new stake in Caledonia Mining Corporation PLC (NYSEAMERICAN:CMCL) during the 4th quarter, Holdings Channel reports. The fund acquired 47,531 shares of the company’s stock, valued at approximately $1,244,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Marshall Wace LLP lifted its holdings in shares of Caledonia Mining by 287.0% in the second quarter. Marshall Wace LLP now owns 164,533 shares of the company’s stock worth $3,179,000 after acquiring an additional 122,022 shares during the last quarter. U S Global Investors Inc. acquired a new stake in shares of Caledonia Mining in the 3rd quarter valued at approximately $3,648,000. American Century Companies Inc. grew its holdings in shares of Caledonia Mining by 20.3% during the 3rd quarter. American Century Companies Inc. now owns 521,477 shares of the company’s stock valued at $18,883,000 after purchasing an additional 88,140 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Caledonia Mining by 346.0% during the 3rd quarter. Invesco Ltd. now owns 109,994 shares of the company’s stock valued at $3,983,000 after purchasing an additional 85,334 shares during the last quarter. Finally, Navellier & Associates Inc. acquired a new position in Caledonia Mining during the 3rd quarter worth approximately $2,047,000. Institutional investors own 31.78% of the company’s stock.

Caledonia Mining Price Performance

Shares of NYSEAMERICAN:CMCL opened at $22.27 on Monday. The company has a market cap of $428.03 million, a price-to-earnings ratio of 7.84 and a beta of 0.48. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.69 and a quick ratio of 1.25. The firm has a 50 day simple moving average of $27.84 and a 200 day simple moving average of $29.23. Caledonia Mining Corporation PLC has a one year low of $10.65 and a one year high of $38.75.

Caledonia Mining (NYSEAMERICAN:CMCL) last issued its earnings results on Monday, March 23rd. The company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). The company had revenue of $74.74 million during the quarter, compared to analyst estimates of $71.90 million. Caledonia Mining had a net margin of 21.90% and a return on equity of 23.61%.

Caledonia Mining Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 2nd will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $0.56 annualized dividend and a dividend yield of 2.5%. Caledonia Mining’s dividend payout ratio (DPR) 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.