Harmony Gold Mining Company Limited (NYSE:HMY - Get Free Report)'s stock price gapped up prior to trading on Thursday . The stock had previously closed at $14.35, but opened at $14.79. Harmony Gold Mining shares last traded at $14.76, with a volume of 782,043 shares changing hands.
Wall Street Analyst Weigh In
HMY has been the topic of several recent analyst reports. Hsbc Global Res upgraded shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th. Wall Street Zen upgraded shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a report on Friday, March 7th.
Read Our Latest Analysis on Harmony Gold Mining
Harmony Gold Mining Trading Up 0.4%
The firm has a market cap of $9.52 billion, a P/E ratio of 8.87, a PEG ratio of 0.63 and a beta of 0.98. The firm's fifty day moving average is $15.46 and its two-hundred day moving average is $12.34. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04.
Institutional Trading of Harmony Gold Mining
A number of hedge funds have recently modified their holdings of HMY. Spire Wealth Management bought a new stake in shares of Harmony Gold Mining during the 1st quarter valued at $33,000. Jones Financial Companies Lllp boosted its holdings in shares of Harmony Gold Mining by 230.3% during the 4th quarter. Jones Financial Companies Lllp now owns 5,853 shares of the mining company's stock valued at $48,000 after buying an additional 4,081 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of Harmony Gold Mining by 71.4% during the 1st quarter. Parallel Advisors LLC now owns 4,706 shares of the mining company's stock valued at $70,000 after buying an additional 1,961 shares in the last quarter. Brooklyn Investment Group boosted its holdings in shares of Harmony Gold Mining by 165,766.7% during the 1st quarter. Brooklyn Investment Group now owns 4,976 shares of the mining company's stock valued at $73,000 after buying an additional 4,973 shares in the last quarter. Finally, Optiver Holding B.V. bought a new stake in shares of Harmony Gold Mining during the 4th quarter valued at $75,000. Institutional investors own 31.79% of the company's stock.
About Harmony Gold Mining
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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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