Harmony Gold Mining Company Limited (NYSE:HMY - Get Free Report)'s share price rose 6.4% on Friday . The company traded as high as $9.34 and last traded at $9.16. Approximately 2,583,961 shares were traded during trading, a decline of 51% from the average daily volume of 5,255,932 shares. The stock had previously closed at $8.61.
Wall Street Analyst Weigh In
HMY has been the subject of several analyst reports. JPMorgan Chase & Co. raised their price target on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the company a "neutral" rating in a report on Tuesday, November 12th. StockNews.com downgraded shares of Harmony Gold Mining from a "buy" rating to a "hold" rating in a research note on Thursday, November 28th. Finally, 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.
View Our Latest Analysis on Harmony Gold Mining
Harmony Gold Mining Price Performance
The stock has a market cap of $5.78 billion, a PE ratio of 5.95, a PEG ratio of 0.43 and a beta of 1.73. The business's 50-day simple moving average is $9.03 and its 200-day simple moving average is $9.63. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.04.
Institutional Trading of Harmony Gold Mining
A number of hedge funds have recently modified their holdings of the business. Veracity Capital LLC boosted its holdings in 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 acquiring an additional 1,003 shares in the last quarter. Beverly Hills Private Wealth LLC boosted its stake in Harmony Gold Mining by 5.0% in the 2nd quarter. Beverly Hills Private Wealth LLC now owns 28,916 shares of the mining company's stock worth $265,000 after purchasing an additional 1,378 shares in the last quarter. Creative Planning grew its position in Harmony Gold Mining by 3.6% during the 3rd quarter. Creative Planning now owns 59,686 shares of the mining company's stock valued at $607,000 after purchasing an additional 2,061 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its stake in Harmony Gold Mining by 15.6% during the 2nd 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 position in shares of Harmony Gold Mining in the third quarter worth $38,000. Institutional investors own 31.79% of the company's stock.
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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