Harmony Gold Mining Co. (NYSE:HMY) has received a consensus recommendation of “Hold” from the six analysts that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on the company.
Several research analysts recently weighed in on HMY shares. Deutsche Bank upgraded shares of Harmony Gold Mining from a “sell” rating to a “hold” rating in a research report on Thursday, November 30th. Bank of America cut shares of Harmony Gold Mining from a “buy” rating to a “neutral” rating in a research report on Friday, October 20th. ValuEngine upgraded shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Thursday, September 7th. Finally, Zacks Investment Research upgraded shares of Harmony Gold Mining from a “sell” rating to a “hold” rating in a research report on Tuesday.
Hedge funds and other institutional investors have recently modified their holdings of the business. Cetera Investment Advisers bought a new position in shares of Harmony Gold Mining in the second quarter worth approximately $103,000. BNP Paribas Arbitrage SA grew its holdings in shares of Harmony Gold Mining by 84.9% in the third quarter. BNP Paribas Arbitrage SA now owns 61,810 shares of the mining company’s stock worth $113,000 after purchasing an additional 28,381 shares during the last quarter. JPMorgan Chase & Co. bought a new position in shares of Harmony Gold Mining in the second quarter worth approximately $128,000. Virtu Financial LLC grew its holdings in shares of Harmony Gold Mining by 226.6% in the third quarter. Virtu Financial LLC now owns 177,931 shares of the mining company’s stock worth $129,000 after purchasing an additional 123,454 shares during the last quarter. Finally, SignalPoint Asset Management LLC bought a new position in shares of Harmony Gold Mining in the third quarter worth approximately $151,000. Institutional investors and hedge funds own 24.90% of the company’s stock.
Harmony Gold Mining (NYSE:HMY) traded up $0.03 during mid-day trading on Tuesday, hitting $1.84. 1,886,246 shares of the company traded hands, compared to its average volume of 4,193,468. The company has a current ratio of 1.28, a quick ratio of 0.99 and a debt-to-equity ratio of 0.02. Harmony Gold Mining has a one year low of $1.56 and a one year high of $2.99.
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Harmony Gold Mining Company Profile
Harmony Gold Mining Company Limited, through its subsidiaries, is engaged in gold mining and related activities, including exploration, extraction and processing. The Company’s segments include South Africa Underground, Surface, and International. The South Africa Underground segment includes Kusasalethu, Doornkop, Phakisa, Tshepong, Masimong, Target 1, Bambanani, Joel, Unisel and Target 3.
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