Grove Bank & Trust Has $41,000 Stake in Harmony Gold Mining Company Limited (NYSE:HMY)

Grove Bank & Trust boosted its position in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 400.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,000 shares of the mining company’s stock after acquiring an additional 4,000 shares during the period. Grove Bank & Trust’s holdings in Harmony Gold Mining were worth $41,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HMY. Hara Capital LLC acquired a new position in Harmony Gold Mining during the 3rd quarter worth $38,000. Wallace Advisory Group LLC acquired a new position in Harmony Gold Mining during the 2nd quarter worth $94,000. Ground Swell Capital LLC acquired a new position in Harmony Gold Mining during the 3rd quarter worth $115,000. DGS Capital Management LLC acquired a new position in Harmony Gold Mining during the 3rd quarter worth $139,000. Finally, Veracity Capital LLC lifted its position in Harmony Gold Mining by 7.9% during the 3rd quarter. Veracity Capital LLC now owns 13,747 shares of the mining company’s stock worth $140,000 after acquiring an additional 1,003 shares during the last quarter. Institutional investors and hedge funds own 31.79% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on HMY shares. StockNews.com lowered shares of Harmony Gold Mining from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th. Bank of America started coverage on shares of Harmony Gold Mining in a research report on Monday, October 21st. They set a “neutral” rating for the company. Finally, JPMorgan Chase & Co. upped their price objective on shares of Harmony Gold Mining from $8.20 to $8.40 and gave the company a “neutral” rating in a research report on Tuesday, November 12th.

Harmony Gold Mining Trading Up 3.3 %

NYSE HMY opened at $9.77 on Tuesday. The company’s 50-day simple moving average is $8.90 and its 200 day simple moving average is $9.65. Harmony Gold Mining Company Limited has a twelve month low of $5.41 and a twelve month high of $12.29. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.56 and a quick ratio of 1.07.

Harmony Gold Mining Company 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.