Wedbush Securities Inc. acquired a new stake in Harmony Gold Mining Company Limited (NYSE:HMY – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 20,527 shares of the mining company’s stock, valued at approximately $188,000.
A number of other institutional investors also recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Harmony Gold Mining during the 2nd quarter worth approximately $41,000. St. Johns Investment Management Company LLC purchased a new stake in shares of Harmony Gold Mining during the 1st quarter worth approximately $52,000. GAMMA Investing LLC boosted its stake in shares of Harmony Gold Mining by 29.2% during the 1st quarter. GAMMA Investing LLC now owns 6,622 shares of the mining company’s stock worth $54,000 after acquiring an additional 1,496 shares in the last quarter. Atlas Capital Advisors LLC purchased a new stake in shares of Harmony Gold Mining during the 1st quarter worth approximately $61,000. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of Harmony Gold Mining during the 1st quarter worth approximately $77,000. Hedge funds and other institutional investors own 31.79% of the company’s stock.
Harmony Gold Mining Stock Up 2.9 %
Shares of Harmony Gold Mining stock opened at $9.80 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.56. Harmony Gold Mining Company Limited has a 1 year low of $3.51 and a 1 year high of $11.37. The business has a 50 day moving average price of $9.65 and a 200 day moving average price of $8.98.
Harmony Gold Mining Cuts Dividend
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. decreased their price target on Harmony Gold Mining from $5.80 to $4.80 and set an “underweight” rating on the stock in a research note on Wednesday, July 3rd.
Get Our Latest Stock Report on HMY
Harmony Gold Mining Profile
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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