Shares of Harmony Gold Mining Company Limited (NYSE:HMY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $14.56, but opened at $13.94. Harmony Gold Mining shares last traded at $14.01, with a volume of 1,242,675 shares trading hands.
Analyst Ratings Changes
A number of equities analysts have recently commented on the company. Hsbc Global Res upgraded Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. Wall Street Zen raised Harmony Gold Mining from a "hold" rating to a "buy" rating in a research report on Friday, March 7th.
View Our Latest Stock Report on Harmony Gold Mining
Harmony Gold Mining Trading Down 2.8%
The business has a 50-day moving average of $15.33 and a two-hundred day moving average of $12.56. The company has a quick ratio of 1.46, a current ratio of 1.84 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $8.99 billion, a price-to-earnings ratio of 8.38, a P/E/G ratio of 0.23 and a beta of 0.98.
Hedge Funds Weigh In On Harmony Gold Mining
Hedge funds have recently made changes to their positions in the business. Truist Financial Corp increased its stake in Harmony Gold Mining by 29.5% in the fourth quarter. Truist Financial Corp now owns 18,731 shares of the mining company's stock valued at $154,000 after acquiring an additional 4,267 shares during the period. Private Advisor Group LLC grew its stake in shares of Harmony Gold Mining by 18.0% in the 4th quarter. Private Advisor Group LLC now owns 13,037 shares of the mining company's stock valued at $107,000 after purchasing an additional 1,987 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in shares of Harmony Gold Mining in the 4th quarter worth approximately $923,000. IFP Advisors Inc bought a new position in shares of Harmony Gold Mining during the 4th quarter worth approximately $173,000. Finally, Bank of New York Mellon Corp boosted its stake in Harmony Gold Mining by 22.6% in the 4th quarter. Bank of New York Mellon Corp now owns 28,456 shares of the mining company's stock valued at $234,000 after buying an additional 5,241 shares in the last quarter. Institutional investors and hedge funds own 31.79% of the company's stock.
About Harmony Gold Mining
(
Get Free Report)
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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