Hsbc Holdings PLC Has $110,000 Stock Position in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL)

Hsbc Holdings PLC lessened its stake in shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) by 30.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 11,687 shares of the company’s stock after selling 5,218 shares during the quarter. Hsbc Holdings PLC’s holdings in Caledonia Mining were worth $110,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Wells Fargo & Company MN boosted its position in shares of Caledonia Mining by 27.9% in the fourth quarter. Wells Fargo & Company MN now owns 9,651 shares of the company’s stock worth $91,000 after buying an additional 2,103 shares during the period. XTX Topco Ltd acquired a new position in Caledonia Mining during the fourth quarter valued at $97,000. Franklin Resources Inc. purchased a new stake in Caledonia Mining in the 4th quarter worth about $103,000. JPMorgan Chase & Co. boosted its position in Caledonia Mining by 59.3% during the 4th quarter. JPMorgan Chase & Co. now owns 12,031 shares of the company’s stock worth $113,000 after acquiring an additional 4,479 shares during the period. Finally, Summit Global Investments purchased a new position in Caledonia Mining during the 4th quarter valued at about $148,000. 31.78% of the stock is owned by hedge funds and other institutional investors.

Caledonia Mining Price Performance

Shares of CMCL opened at $14.01 on Monday. The business’s 50-day moving average is $12.23 and its 200-day moving average is $11.77. 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 company has a market capitalization of $269.27 million, a price-to-earnings ratio of 29.19 and a beta of 0.68. Caledonia Mining Co. Plc has a fifty-two week low of $8.81 and a fifty-two week high of $16.95.

Caledonia Mining Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Friday, April 4th were paid a $0.14 dividend. The ex-dividend date of this dividend was Friday, April 4th. This represents a $0.56 annualized dividend and a yield of 4.00%. Caledonia Mining’s dividend payout ratio 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.