Harmony Gold Mining Company Limited (NYSE:HMY - Get Free Report)'s stock price gapped up before the market opened 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 Analysts Forecast Growth
A number of research analysts have weighed in on the company. Wall Street Zen upgraded Harmony Gold Mining from a "hold" rating to a "buy" rating in a report on Friday, March 7th. Hsbc Global Res upgraded Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th.
Read Our Latest Research 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 company has a market cap of $9.48 billion, a PE ratio of 8.84, a P/E/G ratio of 0.63 and a beta of 0.98. The firm has a 50 day moving average of $15.42 and a two-hundred day moving average of $12.25.
Institutional Trading of Harmony Gold Mining
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. lifted its position in Harmony Gold Mining by 215.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 5,571,374 shares of the mining company's stock valued at $82,289,000 after acquiring an additional 3,806,468 shares in the last quarter. American Century Companies Inc. lifted its position in Harmony Gold Mining by 14.9% in the 1st quarter. American Century Companies Inc. now owns 3,805,276 shares of the mining company's stock valued at $56,204,000 after acquiring an additional 493,041 shares in the last quarter. Millennium Management LLC lifted its position in Harmony Gold Mining by 59.5% in the 4th quarter. Millennium Management LLC now owns 2,635,182 shares of the mining company's stock valued at $21,635,000 after acquiring an additional 982,740 shares in the last quarter. ABC Arbitrage SA bought a new position in Harmony Gold Mining in the 4th quarter valued at approximately $20,229,000. Finally, Acadian Asset Management LLC lifted its position in Harmony Gold Mining by 4,004.0% in the 1st quarter. Acadian Asset Management LLC now owns 2,460,852 shares of the mining company's stock valued at $36,333,000 after acquiring an additional 2,400,889 shares in the last quarter. Hedge funds and other institutional investors 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.
Further Reading
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