Harmony Gold Mining Target of Unusually High Options Trading (NYSE:HMY)

featured-image

Harmony Gold Mining Company Limited (NYSE:HMY – Get Free Report) was the target of some unusual options trading on Friday. Stock traders purchased 4,248 call options on the company. This represents an increase of approximately 177% compared to the average daily volume of 1,531 call options. Harmony Gold Mining Price Performance Shares of NYSE:HMY opened [...]

Harmony Gold Mining Company Limited (NYSE:HMY – Get Free Report) was the target of some unusual options trading on Friday. Stock traders purchased 4,248 call options on the company. This represents an increase of approximately 177% compared to the average daily volume of 1,531 call options.

Harmony Gold Mining Price PerformanceShares of NYSE:HMY opened at $14.08 on Friday. The firm’s 50 day moving average is $11.



54 and its two-hundred day moving average is $10.30. The firm has a market capitalization of $8.

93 billion, a P/E ratio of 8.33, a PEG ratio of 0.63 and a beta of 1.

85. The company has a current ratio of 1.56, a quick ratio of 1.

07 and a debt-to-equity ratio of 0.04. Harmony Gold Mining has a 52 week low of $7.

97 and a 52 week high of $14.38. Harmony Gold Mining Increases DividendThe firm also recently announced a semi-annual dividend, which will be paid on Monday, April 21st.

Investors of record on Friday, April 11th will be given a $0.1245 dividend. This is a boost from Harmony Gold Mining’s previous semi-annual dividend of $0.

04. This represents a yield of 0.9%.

The ex-dividend date is Friday, April 11th. Harmony Gold Mining’s dividend payout ratio (DPR) is currently 11.24%.

Institutional Inflows and OutflowsInstitutional investors have recently added to or reduced their stakes in the business. PKO Investment Management Joint Stock Co bought a new stake in shares of Harmony Gold Mining during the 4th quarter worth about $2,452,000. Mackenzie Financial Corp increased its stake in shares of Harmony Gold Mining by 12.

0% during the fourth quarter. Mackenzie Financial Corp now owns 1,599,913 shares of the mining company’s stock valued at $13,135,000 after acquiring an additional 171,136 shares during the period. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.

A. bought a new stake in Harmony Gold Mining during the fourth quarter worth approximately $539,000. GTS Securities LLC acquired a new stake in Harmony Gold Mining in the fourth quarter worth approximately $492,000.

Finally, Vise Technologies Inc. bought a new position in Harmony Gold Mining during the 4th quarter valued at $130,000. Institutional investors and hedge funds own 31.

79% of the company’s stock. Analysts Set New Price TargetsSeparately, StockNews.com raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Friday, March 7th.

View Our Latest Analysis on HMYAbout Harmony Gold Mining (Get Free Report)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.

See AlsoFive stocks we like better than Harmony Gold MiningWhat is a Low P/E Ratio and What Does it Tell Investors?MarketBeat Week in Review – 03/24 – 03/28How to Buy Cheap Stocks Step by StepShould You Buy UPS Stock Now? Deep Dive Into Its 5-Year LowLearn Technical Analysis Skills to Master the Stock Market4 Healthcare Stocks With Massive Gains—and More to Come.