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Why is Harmony Gold Shares up 9% Thursday?

Shares of the South African gold miner were up 9.9% as of 12:37 p.m. EST on Thursday. Reporting gold production of 413,714 ounces in the first quarter of 2022, Harmony achieved a 32% year-over-year increase thanks to higher gold grades and metric tons milled, which contributed to improved production at several sites.

What are analysts'target prices for Harmony Gold mining's stock?

4 equities research analysts have issued 1-year target prices for Harmony Gold Mining's stock. Their forecasts range from $4.10 to $4.10. On average, they expect Harmony Gold Mining's stock price to reach $4.10 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price.

Who owns happyharmony gold mining stock?

Harmony Gold Mining's stock is owned by many different institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (9.28%), Exor Capital LLP (4.08%), Wellington Management Group LLP (1.40%), Dimensional Fund Advisors LP (1.11%), BlackRock Inc. (0.97%) and Goldman Sachs Group Inc. (0.59%).

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