Harmony Gold Mining Company Limited (NYSE:HMY - Get Free Report)'s stock price dropped 2.7% during trading on Monday . The company traded as low as $14.44 and last traded at $14.60. Approximately 1,380,739 shares were traded during trading, a decline of 75% from the average daily volume of 5,415,165 shares. The stock had previously closed at $15.01.
Analyst Ratings Changes
HMY has been the subject of a number of analyst reports. Wall Street Zen raised shares of Harmony Gold Mining from a "hold" rating to a "buy" rating in a report on Friday, March 7th. Hsbc Global Res raised shares of Harmony Gold Mining from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th.
Check Out Our Latest Stock Report on Harmony Gold Mining
Harmony Gold Mining Stock Up 0.1%
The company has a current ratio of 1.84, a quick ratio of 1.46 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $9.13 billion, a P/E ratio of 8.52, a P/E/G ratio of 0.23 and a beta of 0.98. The firm's fifty day moving average is $15.44 and its 200-day moving average is $12.44.
Institutional Investors Weigh In On Harmony Gold Mining
Several hedge funds and other institutional investors have recently added to or reduced their stakes in HMY. Goldman Sachs Group Inc. increased 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. Acadian Asset Management LLC increased 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. Renaissance Technologies LLC acquired a new stake in shares of Harmony Gold Mining during the 4th quarter worth approximately $11,903,000. Amundi grew its position in shares of 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 buying an additional 994,888 shares during the period. Finally, Millennium Management LLC grew its position in shares of Harmony Gold Mining by 59.5% during the 4th quarter. Millennium Management LLC now owns 2,635,182 shares of the mining company's stock worth $21,635,000 after buying an additional 982,740 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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