Potentia Wealth Invests $190,000 in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL)

Potentia Wealth purchased a new stake in shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 20,191 shares of the company’s stock, valued at approximately $190,000. Potentia Wealth owned approximately 0.11% of Caledonia Mining at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. State Street Corp raised its position in shares of Caledonia Mining by 0.6% during the 3rd quarter. State Street Corp now owns 203,534 shares of the company’s stock valued at $3,045,000 after buying an additional 1,177 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Caledonia Mining by 7.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 40,734 shares of the company’s stock valued at $609,000 after buying an additional 2,717 shares during the period. Geode Capital Management LLC boosted its stake in Caledonia Mining by 2.3% during the third quarter. Geode Capital Management LLC now owns 199,796 shares of the company’s stock worth $2,989,000 after buying an additional 4,412 shares during the period. BNP Paribas Financial Markets increased its position in Caledonia Mining by 358.2% during the third quarter. BNP Paribas Financial Markets now owns 17,500 shares of the company’s stock valued at $262,000 after acquiring an additional 13,681 shares during the last quarter. Finally, Barclays PLC raised its stake 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 acquiring an additional 15,269 shares during the period. 31.78% of the stock is currently owned by hedge funds and other institutional investors.

Caledonia Mining Price Performance

Caledonia Mining stock opened at $11.33 on Tuesday. Caledonia Mining Co. Plc has a 1-year low of $8.81 and a 1-year high of $16.95. The stock has a fifty day simple moving average of $10.11. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.44 and a quick ratio of 0.89. The firm has a market cap of $217.76 million, a PE ratio of 23.60 and a beta of 0.68.

Wall Street Analyst Weigh In

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

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.