Vanguard Capital Wealth Advisors Takes Position in Harmony Gold Mining Company Limited (NYSE:HMY)

Vanguard Capital Wealth Advisors acquired a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 34,000 shares of the mining company’s stock, valued at approximately $278,000.

A number of other large investors have also recently bought and sold shares of HMY. St. Johns Investment Management Company LLC purchased a new position in Harmony Gold Mining during the first quarter worth about $52,000. Atlas Capital Advisors LLC acquired a new position in shares of Harmony Gold Mining in the first quarter worth about $61,000. Shilanski & Associates Inc. acquired a new position in shares of Harmony Gold Mining in the first quarter worth about $225,000. GAMMA Investing LLC boosted its holdings in Harmony Gold Mining by 29.2% in the first quarter. GAMMA Investing LLC now owns 6,622 shares of the mining company’s stock valued at $54,000 after purchasing an additional 1,496 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Harmony Gold Mining during the 4th quarter valued at approximately $3,075,000. Institutional investors and hedge funds own 31.79% of the company’s stock.

Harmony Gold Mining Price Performance

Harmony Gold Mining stock traded up $0.01 during midday trading on Friday, reaching $9.18. 542,775 shares of the stock traded hands, compared to its average volume of 5,206,991. The firm has a fifty day moving average price of $8.99 and a two-hundred day moving average price of $7.50. The company has a current ratio of 1.62, a quick ratio of 1.11 and a debt-to-equity ratio of 0.08. Harmony Gold Mining Company Limited has a fifty-two week low of $3.41 and a fifty-two week high of $10.24.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on HMY. JPMorgan Chase & Co. upped their target price on Harmony Gold Mining from $5.10 to $5.80 and gave the company an “underweight” rating in a research report on Tuesday, May 28th. HSBC cut shares of Harmony Gold Mining from a “hold” rating to a “reduce” rating in a research report on Friday, April 19th. Finally, StockNews.com cut Harmony Gold Mining from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 12th.

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.