Harmony Gold Mining Company Limited (NYSE:HMY - Get Free Report) 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 trading hands.
Analyst Ratings Changes
A number of equities analysts have recently commented on HMY shares. Hsbc Global Res raised Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th. Wall Street Zen upgraded shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a research note on Friday, March 7th.
Get Our Latest Stock Report on HMY
Harmony Gold Mining Stock Performance
The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04. The stock has a fifty day moving average price of $15.35 and a 200-day moving average price of $12.13. The firm has a market cap 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 Investors Weigh In On Harmony Gold Mining
Institutional investors and hedge funds have recently modified their holdings of the company. Goldman Sachs Group Inc. lifted its stake 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 buying an additional 3,806,468 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Harmony Gold Mining by 14.9% in the first quarter. American Century Companies Inc. now owns 3,805,276 shares of the mining company's stock worth $56,204,000 after acquiring an additional 493,041 shares during the last quarter. Millennium Management LLC lifted its position in shares of Harmony Gold Mining by 59.5% in the fourth 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 acquired a new stake in shares of Harmony Gold Mining during the fourth quarter valued at $20,229,000. Finally, Acadian Asset Management LLC increased its position in Harmony Gold Mining by 4,004.0% during the 1st quarter. Acadian Asset Management LLC now owns 2,460,852 shares of the mining company's stock worth $36,333,000 after purchasing an additional 2,400,889 shares in the last quarter. Institutional investors and hedge funds 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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