Dimensional Fund Advisors LP Acquires 61,694 Shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL)

Dimensional Fund Advisors LP increased its position in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL - Free Report) by 24.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 313,604 shares of the company's stock after acquiring an additional 61,694 shares during the quarter. Dimensional Fund Advisors LP owned about 1.63% of Caledonia Mining worth $2,951,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of CMCL. Covalis Capital LLP raised its stake in Caledonia Mining by 53.8% in the fourth quarter. Covalis Capital LLP now owns 20,000 shares of the company's stock valued at $188,000 after purchasing an additional 6,996 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of Caledonia Mining in the fourth quarter worth $97,000. Martingale Asset Management L P increased its stake in shares of Caledonia Mining by 18.8% in the fourth quarter. Martingale Asset Management L P now owns 90,395 shares of the company's stock worth $851,000 after buying an additional 14,332 shares during the period. Renaissance Technologies LLC increased its stake in shares of Caledonia Mining by 112.7% in the fourth quarter. Renaissance Technologies LLC now owns 156,527 shares of the company's stock worth $1,473,000 after buying an additional 82,927 shares during the period. Finally, Wells Fargo & Company MN increased its position in Caledonia Mining by 27.9% during the 4th quarter. Wells Fargo & Company MN now owns 9,651 shares of the company's stock valued at $91,000 after purchasing an additional 2,103 shares during the period. 31.78% of the stock is currently owned by institutional investors.

Caledonia Mining Stock Up 1.9%

Shares of Caledonia Mining stock opened at $14.27 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.04. The company's fifty day simple moving average is $12.39 and its two-hundred day simple moving average is $11.80. The company has a market cap of $274.27 million, a P/E ratio of 29.73 and a beta of 0.68. Caledonia Mining Co. Plc has a 12-month low of $8.81 and a 12-month high of $16.95.

Caledonia Mining Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date of this dividend is Friday, May 23rd. Caledonia Mining's dividend payout ratio (DPR) is presently 116.67%.

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.

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