Claro Advisors LLC Invests $225,000 in Harmony Gold Mining Company Limited (NYSE:HMY)

Claro Advisors LLC bought a new position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 27,503 shares of the mining company’s stock, valued at approximately $225,000.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC acquired a new stake in shares of Harmony Gold Mining during the 4th quarter worth $32,000. Fifth Third Bancorp acquired a new stake in shares of Harmony Gold Mining during the fourth quarter valued at about $34,000. St. Johns Investment Management Company LLC acquired a new stake in shares of Harmony Gold Mining during the first quarter valued at about $52,000. Atlas Capital Advisors LLC acquired a new stake in shares of Harmony Gold Mining during the first quarter valued at about $61,000. Finally, Intelligence Driven Advisers LLC acquired a new stake in shares of Harmony Gold Mining during the fourth quarter valued at about $67,000. 31.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Harmony Gold Mining Stock Up 0.1 %

NYSE:HMY opened at $9.18 on Tuesday. The firm has a fifty day simple moving average of $8.99 and a two-hundred day simple moving average of $7.57. Harmony Gold Mining Company Limited has a 12 month low of $3.41 and a 12 month high of $10.24. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.11 and a current ratio of 1.62.

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.