Guardian Capital LP acquired a new position in Banro Co. (NYSEMKT:BAA) (TSE:BAA) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 445,713 shares of the mining company’s stock, valued at approximately $316,000. Guardian Capital LP owned 0.41% of Banro at the end of the most recent reporting period.

Separately, Gramercy Funds Management LLC lifted its holdings in Banro by 302.9% during the second quarter. Gramercy Funds Management LLC now owns 33,417,409 shares of the mining company’s stock worth $24,061,000 after buying an additional 25,123,159 shares during the period.

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Banro Co. (BAA) traded up 0.8033% during trading on Monday, reaching $0.3639. The company’s stock had a trading volume of 48,937 shares. The stock has a 50 day moving average price of $0.36 and a 200 day moving average price of $0.36. Banro Co. has a 1-year low of $0.25 and a 1-year high of $3.24. The stock’s market capitalization is $39.98 million.

Banro Profile

Banro Corp (Banro) is a Canada-based gold mining company. The Company, through its subsidiaries, holds interest in a number of gold properties, including Twangiza, Namoya, Lugushwa and Kamituga. The Company is focused on production from the Twangiza gold mine in the Democratic Republic of the Congo (DRC).

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