Harmony Gold Mining Company Limited (NYSE:HMY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $8.25, but opened at $8.56. Harmony Gold Mining shares last traded at $8.60, with a volume of 962,931 shares changing hands.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on HMY shares. StockNews.com downgraded shares of Harmony Gold Mining from a "buy" rating to a "hold" rating in a research note on Thursday, November 28th. Bank of America assumed coverage on shares of Harmony Gold Mining in a research note on Monday, October 21st. They issued a "neutral" rating for the company. Finally, JPMorgan Chase & Co. increased their target price on Harmony Gold Mining from $8.20 to $8.40 and gave the stock a "neutral" rating in a research report on Tuesday, November 12th.
View Our Latest Report on HMY
Harmony Gold Mining Trading Up 2.7 %
The business's fifty day moving average price is $9.19 and its 200-day moving average price is $9.65. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Veracity Capital LLC raised its position in shares of Harmony Gold Mining by 7.9% in the third quarter. Veracity Capital LLC now owns 13,747 shares of the mining company's stock worth $140,000 after buying an additional 1,003 shares in the last quarter. Beverly Hills Private Wealth LLC boosted its position in shares of Harmony Gold Mining by 5.0% during the 2nd quarter. Beverly Hills Private Wealth LLC now owns 28,916 shares of the mining company's stock valued at $265,000 after acquiring an additional 1,378 shares during the last quarter. Creative Planning grew its holdings in shares of Harmony Gold Mining by 3.6% during the third quarter. Creative Planning now owns 59,686 shares of the mining company's stock worth $607,000 after purchasing an additional 2,061 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in Harmony Gold Mining by 15.6% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 19,366 shares of the mining company's stock valued at $178,000 after purchasing an additional 2,611 shares in the last quarter. Finally, Hara Capital LLC purchased a new stake in Harmony Gold Mining in the third quarter valued at approximately $38,000. 31.79% of the stock is owned by institutional investors.
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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