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 $14.94, but opened at $15.50. Harmony Gold Mining shares last traded at $15.53, with a volume of 1,941,789 shares.
Analysts Set New Price Targets
Several research analysts have recently issued reports 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 report on Friday, March 7th.
Read Our Latest Stock Report on HMY
Harmony Gold Mining Price Performance
The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07. The stock has a 50 day moving average price of $15.36 and a 200-day moving average price of $12.07. The stock has a market capitalization of $9.25 billion, a price-to-earnings ratio of 8.63, a price-to-earnings-growth ratio of 0.63 and a beta of 0.98.
Institutional Trading of Harmony Gold Mining
Institutional investors have recently made changes to their positions in the company. Spire Wealth Management purchased a new position in Harmony Gold Mining during the first quarter worth approximately $33,000. Jones Financial Companies Lllp raised its holdings in shares of Harmony Gold Mining by 230.3% in 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 during the period. Parallel Advisors LLC raised its holdings in shares of Harmony Gold Mining by 71.4% in 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 during the period. Brooklyn Investment Group raised its holdings in shares of Harmony Gold Mining by 165,766.7% in 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 during the period. Finally, Optiver Holding B.V. acquired a new position in Harmony Gold Mining during the 4th quarter worth $75,000. 31.79% of the stock is owned by institutional investors and hedge funds.
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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