Harmony Gold Mining Company Limited (NYSE:HMY - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $15.77, but opened at $14.46. Harmony Gold Mining shares last traded at $14.39, with a volume of 1,434,175 shares changing hands.
Analyst Ratings Changes
A number of research analysts have recently issued reports on HMY shares. StockNews.com upgraded Harmony Gold Mining from a "hold" rating to a "buy" rating in a report on Friday, March 7th. Hsbc Global Res raised Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th.
Read Our Latest Stock Report on HMY
Harmony Gold Mining Price Performance
The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. The stock has a market cap of $9.17 billion, a price-to-earnings ratio of 8.55, a PEG ratio of 0.63 and a beta of 1.01. The stock has a 50-day moving average price of $14.71 and a two-hundred day moving average price of $11.58.
Harmony Gold Mining Increases Dividend
The firm also recently disclosed a semi-annual dividend, which was paid on Monday, April 21st. Stockholders of record on Friday, April 11th were given a $0.1245 dividend. This is a boost 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 dividend payout ratio (DPR) is presently 11.24%.
Institutional Trading of Harmony Gold Mining
A number of institutional investors have recently made changes to their positions in HMY. Goldman Sachs Group Inc. lifted its position in Harmony Gold Mining by 215.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 5,571,374 shares of the mining company's stock worth $82,289,000 after acquiring an additional 3,806,468 shares during the period. Jones Financial Companies Lllp lifted its position in Harmony Gold Mining by 210.4% during the 1st quarter. Jones Financial Companies Lllp now owns 18,165 shares of the mining company's stock worth $268,000 after acquiring an additional 12,312 shares during the period. Banque Transatlantique SA acquired a new stake in Harmony Gold Mining during the 1st quarter worth about $659,000. Advisors Asset Management Inc. lifted its position in Harmony Gold Mining by 30.2% during the 1st quarter. Advisors Asset Management Inc. now owns 35,783 shares of the mining company's stock worth $529,000 after acquiring an additional 8,306 shares during the period. Finally, Amundi lifted its position in Harmony Gold Mining by 88.9% during the 1st quarter. Amundi now owns 2,113,411 shares of the mining company's stock worth $30,961,000 after acquiring an additional 994,888 shares during the period. 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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