Harmony Gold Mining Company Limited (NYSE:HMY) gapped down before the market opened on Monday . The stock had previously closed at $1.90, but opened at $1.83. Harmony Gold Mining Company Limited shares last traded at $1.78, with a volume of 2666228 shares traded.

Several equities research analysts recently issued reports on the company. BidaskClub downgraded Harmony Gold Mining Company Limited from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Deutsche Bank AG upgraded Harmony Gold Mining Company Limited from a “sell” rating to a “hold” rating in a report on Friday, August 18th. Bank of America Corporation downgraded Harmony Gold Mining Company Limited from a “buy” rating to a “neutral” rating in a report on Friday, October 20th. Finally, ValuEngine upgraded Harmony Gold Mining Company Limited from a “hold” rating to a “buy” rating in a report on Thursday, September 7th. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold”.

The company has a debt-to-equity ratio of 0.02, a current ratio of 1.28 and a quick ratio of 0.99.

The firm also recently disclosed a semiannual dividend, which was paid on Monday, October 23rd. Shareholders of record on Friday, October 13th were given a $0.0269 dividend. The ex-dividend date was Thursday, October 12th. This represents a yield of 2.48%. Harmony Gold Mining Company Limited’s dividend payout ratio is currently 100.00%.

Hedge funds have recently bought and sold shares of the business. HighTower Advisors LLC purchased a new position in Harmony Gold Mining Company Limited in the second quarter worth $245,000. Bank of America Corp DE boosted its position in Harmony Gold Mining Company Limited by 59.2% in the first quarter. Bank of America Corp DE now owns 315,984 shares of the mining company’s stock worth $774,000 after purchasing an additional 117,561 shares during the last quarter. Sensato Investors LLC boosted its position in Harmony Gold Mining Company Limited by 454.3% in the second quarter. Sensato Investors LLC now owns 2,007,298 shares of the mining company’s stock worth $3,312,000 after purchasing an additional 1,645,198 shares during the last quarter. Wells Fargo & Company MN boosted its position in Harmony Gold Mining Company Limited by 39.8% in the second quarter. Wells Fargo & Company MN now owns 520,689 shares of the mining company’s stock worth $859,000 after purchasing an additional 148,294 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI boosted its position in Harmony Gold Mining Company Limited by 105.3% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 668,704 shares of the mining company’s stock worth $1,103,000 after purchasing an additional 343,005 shares during the last quarter. 25.73% of the stock is currently owned by institutional investors and hedge funds.

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About Harmony Gold Mining Company Limited

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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