U.S. Global Investors (USGI)’s Caledonia Mining Corp CMCL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-217,334	Closed	-$5.69M	–	138
2025 Q4	$5.69M	Buy	217,334 +116,580	+116%	+$3.43M	0.61%	38
2025 Q3	$3.65M	Buy	+100,754	New	+$2.56M	0.41%	48
2023 Q3	–	Sell	-25,000	Closed	-$291K	–	132
2023 Q2	$291K	Hold	25,000	–	–	0.02%	90
2023 Q1	$380K	Hold	25,000	–	–	0.02%	82
2022 Q4	$310K	Hold	25,000	–	–	0.02%	90
2022 Q3	$246K	Hold	25,000	–	–	0.02%	94
2022 Q2	$274K	Hold	25,000	–	–	0.01%	96
2022 Q1	$380K	Hold	25,000	–	–	0.01%	99
2021 Q4	$292K	Hold	25,000	–	–	0.01%	106
2021 Q3	$303K	Hold	25,000	–	–	0.01%	119
2021 Q2	$303K	Sell	25,000 -25,000	-50%	-$351K	0.01%	114
2021 Q1	$715K	Hold	50,000	–	–	0.02%	68
2020 Q4	$794K	Buy	+50,000	New	+$827K	0.03%	67
2019 Q1	–	Sell	-72,811	Closed	-$383K	–	178
2018 Q4	$383K	Hold	72,811	–	–	0.22%	108
2018 Q3	$497K	Buy	72,811 +9,900	+16%	+$75.8K	0.24%	94
2018 Q2	$531K	Buy	+62,911	New	+$558K	0.24%	88