Harmony Gold Mining Company Limited (NYSE:HMY - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $8.65, but opened at $9.28. Harmony Gold Mining shares last traded at $9.23, with a volume of 1,540,429 shares changing hands.
Analysts Set New Price Targets
HMY has been the topic of a number of research reports. JPMorgan Chase & Co. increased their target price on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the stock a "neutral" rating in a report on Tuesday, November 12th. StockNews.com cut Harmony Gold Mining from a "buy" rating to a "hold" rating in a research note on Tuesday, November 12th. Finally, Bank of America initiated coverage on Harmony Gold Mining in a report on Monday, October 21st. They issued a "neutral" rating for the company.
View Our Latest Report on HMY
Harmony Gold Mining Stock Performance
The business has a fifty day moving average of $10.28 and a two-hundred day moving average of $9.69. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04.
Harmony Gold Mining Cuts Dividend
The firm also recently declared a Semi-Annual dividend, which was paid on Monday, October 21st. Stockholders of record on Friday, October 11th were given a $0.042 dividend. The ex-dividend date of this dividend was Friday, October 11th. This represents a dividend yield of 1.2%.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. Hara Capital LLC acquired a new stake in shares of Harmony Gold Mining in the third quarter worth approximately $38,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Harmony Gold Mining during the 2nd quarter worth $41,000. QRG Capital Management Inc. purchased a new position in shares of Harmony Gold Mining in the 1st quarter worth $87,000. Diversified Trust Co acquired a new position in Harmony Gold Mining in the second quarter valued at $93,000. Finally, Burns Matteson Capital Management LLC acquired a new position in Harmony Gold Mining in the first quarter valued at $94,000. 31.79% of the stock is currently owned by institutional investors and hedge funds.
Harmony Gold Mining Company Profile
(
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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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