Harmony Gold Mining Company Limited (NYSE:HMY) gapped down prior to trading on Thursday . The stock had previously closed at $1.81, but opened at $1.76. Harmony Gold Mining Company Limited shares last traded at $1.69, with a volume of 4,609,372 shares trading hands.

HMY has been the topic of a number of recent research reports. ValuEngine raised Harmony Gold Mining Company Limited from a “hold” rating to a “buy” rating in a research note on Thursday, September 7th. BidaskClub raised Harmony Gold Mining Company Limited from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Finally, Deutsche Bank AG raised Harmony Gold Mining Company Limited from a “sell” rating to a “hold” rating in a research note on Friday, August 18th. Four analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. Harmony Gold Mining Company Limited currently has an average rating of “Hold”.

The firm’s 50-day moving average is $1.92 and its 200 day moving average is $1.97. The firm has a market capitalization of $741.40 million, a P/E ratio of 27.70 and a beta of -1.97.

The company also recently disclosed a semiannual dividend, which will be paid on Monday, October 23rd. Investors of record on Friday, October 13th will be paid a $0.0269 dividend. This represents a yield of 2.48%. The ex-dividend date of this dividend is Thursday, October 12th.

Institutional investors have recently bought and sold shares of the stock. Cetera Investment Advisers acquired a new position in Harmony Gold Mining Company Limited in the 2nd quarter worth approximately $103,000. JPMorgan Chase & Co. acquired a new position in Harmony Gold Mining Company Limited in the 2nd quarter worth approximately $128,000. Aperio Group LLC boosted its stake in Harmony Gold Mining Company Limited by 31.6% in the 2nd quarter. Aperio Group LLC now owns 109,705 shares of the mining company’s stock worth $181,000 after purchasing an additional 26,360 shares during the period. Tower Research Capital LLC TRC boosted its stake in Harmony Gold Mining Company Limited by 5,636.3% in the 1st quarter. Tower Research Capital LLC TRC now owns 77,670 shares of the mining company’s stock worth $191,000 after purchasing an additional 76,316 shares during the period. Finally, Two Sigma Securities LLC boosted its stake in Harmony Gold Mining Company Limited by 339.9% in the 1st quarter. Two Sigma Securities LLC now owns 79,208 shares of the mining company’s stock worth $194,000 after purchasing an additional 61,202 shares during the period. 25.09% of the stock is owned by hedge funds and other institutional investors.

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Harmony Gold Mining Company Limited 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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