Y Intercept Hong Kong Ltd Invests $923,000 in Harmony Gold Mining Company Limited (NYSE:HMY)

Y Intercept Hong Kong Ltd acquired a new position in Harmony Gold Mining Company Limited (NYSE:HMY) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 112,414 shares of the mining company’s stock, valued at approximately $923,000.

Other large investors have also modified their holdings of the company. Hara Capital LLC acquired a new stake in shares of Harmony Gold Mining in the 3rd quarter worth about $38,000. Grove Bank & Trust increased its holdings in shares of Harmony Gold Mining by 400.0% in the 4th quarter. Grove Bank & Trust now owns 5,000 shares of the mining company’s stock worth $41,000 after acquiring an additional 4,000 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Harmony Gold Mining in the 3rd quarter worth about $1,035,000. Alliance Wealth Advisors LLC UT acquired a new stake in shares of Harmony Gold Mining in the 4th quarter worth about $88,000. Finally, Ground Swell Capital LLC acquired a new stake in shares of Harmony Gold Mining in the 3rd quarter worth about $115,000. Institutional investors and hedge funds own 31.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. StockNews.com cut shares of Harmony Gold Mining from a “buy” rating to a “hold” rating in a report on Wednesday, January 29th. JPMorgan Chase & Co. increased their price objective on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the stock a “neutral” rating in a report on Tuesday, November 12th.

Harmony Gold Mining Stock Down 7.6 %

Harmony Gold Mining stock opened at $10.09 on Friday. The stock has a market cap of $6.40 billion, a price-to-earnings ratio of 5.97, a PEG ratio of 0.63 and a beta of 1.75. The company has a current ratio of 1.56, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. The company’s 50-day moving average price is $10.14 and its two-hundred day moving average price is $10.00. Harmony Gold Mining Company Limited has a 52 week low of $5.41 and a 52 week high of $12.48.

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.