Harmony Gold Mining Company Limited (NYSE:HMY - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $15.84, but opened at $14.37. Harmony Gold Mining shares last traded at $14.49, with a volume of 1,271,226 shares traded.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on the stock. Hsbc Global Res raised shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th. Wall Street Zen raised shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a report on Friday, March 7th.
View Our Latest Analysis on HMY
Harmony Gold Mining Price Performance
The business's 50 day moving average price is $15.24 and its two-hundred day moving average price is $11.90. The stock has a market cap of $9.27 billion, a P/E ratio of 8.64, a price-to-earnings-growth ratio of 0.63 and a beta of 1.01. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04.
Harmony Gold Mining Increases Dividend
The business also recently announced a semi-annual dividend, which was paid on Monday, April 21st. Stockholders of record on Friday, April 11th were paid a dividend of $0.1245 per share. This is a positive change from Harmony Gold Mining's previous semi-annual dividend of $0.04. The ex-dividend date of this dividend was Friday, April 11th. This represents a dividend yield of 0.9%. Harmony Gold Mining's payout ratio is presently 11.24%.
Institutional Investors Weigh In On Harmony Gold Mining
A number of large investors have recently modified their holdings of HMY. SG Americas Securities LLC boosted its stake in shares of Harmony Gold Mining by 3.8% during the 4th quarter. SG Americas Securities LLC now owns 52,524 shares of the mining company's stock valued at $431,000 after purchasing an additional 1,919 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of Harmony Gold Mining by 35.6% during the 4th quarter. Blue Trust Inc. now owns 54,288 shares of the mining company's stock valued at $446,000 after purchasing an additional 14,266 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of Harmony Gold Mining by 14.2% during the 4th quarter. Pacer Advisors Inc. now owns 39,586 shares of the mining company's stock valued at $325,000 after purchasing an additional 4,916 shares in the last quarter. Caprock Group LLC bought a new stake in shares of Harmony Gold Mining during the 4th quarter valued at about $188,000. Finally, Alliance Wealth Advisors LLC UT bought a new stake in shares of Harmony Gold Mining during the 4th quarter valued at about $88,000. Institutional investors own 31.79% of the company's stock.
Harmony Gold Mining Company Profile
(
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Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. The company explores for uranium, silver, copper, and molybdenum deposits. It has eight underground operations in the Witwatersrand Basin; an open-pit mine on the Kraaipan Greenstone Belt; and various surface source operations in South Africa.
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