Potentia Wealth Acquires Shares of 20,191 Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL)

Potentia Wealth purchased a new position in shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 20,191 shares of the company’s stock, valued at approximately $190,000.

Several other large investors also recently bought and sold shares of the company. Summit Global Investments acquired a new stake in shares of Caledonia Mining in the fourth quarter valued at approximately $148,000. BNP Paribas Financial Markets raised its holdings in shares of Caledonia Mining by 358.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 17,500 shares of the company’s stock worth $262,000 after acquiring an additional 13,681 shares during the period. Barclays PLC grew its holdings in shares of Caledonia Mining by 62.0% in the third quarter. Barclays PLC now owns 39,892 shares of the company’s stock valued at $596,000 after purchasing an additional 15,269 shares during the period. Charles Schwab Investment Management Inc. increased its position in Caledonia Mining by 7.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 40,734 shares of the company’s stock worth $609,000 after purchasing an additional 2,717 shares during the last quarter. Finally, Globeflex Capital L P acquired a new position in Caledonia Mining in the 4th quarter valued at about $436,000. 31.78% of the stock is currently owned by hedge funds and other institutional investors.

Caledonia Mining Trading Up 0.7 %

Shares of CMCL opened at $11.33 on Tuesday. The firm has a 50-day moving average of $10.11. Caledonia Mining Co. Plc has a 12-month low of $8.81 and a 12-month high of $16.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.89 and a current ratio of 1.44. The stock has a market cap of $217.76 million, a price-to-earnings ratio of 23.60 and a beta of 0.68.

Analyst Upgrades and Downgrades

Separately, Maxim Group raised shares of Caledonia Mining to a “strong-buy” rating in a research report on Friday, January 3rd.

Caledonia Mining 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.