American Century Companies Inc. Acquires 88,140 Shares of Caledonia Mining Corporation PLC $CMCL

American Century Companies Inc. grew its holdings in Caledonia Mining Corporation PLC (NYSEAMERICAN:CMCL) by 20.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 521,477 shares of the company’s stock after acquiring an additional 88,140 shares during the quarter. American Century Companies Inc. owned 2.71% of Caledonia Mining worth $18,883,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of CMCL. Marshall Wace LLP raised its stake in Caledonia Mining by 287.0% during the 2nd quarter. Marshall Wace LLP now owns 164,533 shares of the company’s stock valued at $3,179,000 after purchasing an additional 122,022 shares during the last quarter. U S Global Investors Inc. acquired a new stake in Caledonia Mining in the 3rd quarter worth $3,648,000. Navellier & Associates Inc. bought a new position in shares of Caledonia Mining during the 3rd quarter worth about $2,047,000. Globeflex Capital L P increased its holdings in shares of Caledonia Mining by 137.9% during the 2nd quarter. Globeflex Capital L P now owns 96,036 shares of the company’s stock worth $1,855,000 after purchasing an additional 55,670 shares during the period. Finally, Jump Financial LLC acquired a new position in shares of Caledonia Mining during the second quarter valued at about $711,000. Institutional investors and hedge funds own 31.78% of the company’s stock.

Caledonia Mining Stock Down 0.8%

NYSEAMERICAN CMCL opened at $26.10 on Wednesday. Caledonia Mining Corporation PLC has a twelve month low of $10.60 and a twelve month high of $38.75. The stock has a market cap of $501.64 million, a PE ratio of 10.12 and a beta of 0.48. The firm has a 50-day simple moving average of $29.19 and a 200 day simple moving average of $29.54. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.20 and a current ratio of 1.78.

Caledonia Mining 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.