Harmony Gold Mining Co. (HMY) Shares Down 3.8%
Harmony Gold Mining Co. (NYSE:HMY) traded down 3.8% during mid-day trading on Tuesday . The stock traded as low as $4.33 and last traded at $4.36, with a volume of 3,543,180 shares traded. The stock had previously closed at $4.53.
Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. upgraded Harmony Gold Mining from a “neutral” rating to an “overweight” rating in a report on Tuesday. Zacks Investment Research upgraded Harmony Gold Mining from a “sell” rating to a “buy” rating and set a $5.00 price target for the company in a report on Tuesday. Macquarie upgraded Harmony Gold Mining from an “underperform” rating to a “neutral” rating in a report on Friday, July 1st. Finally, Deutsche Bank AG upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Wednesday, July 6th.
The firm has a 50-day moving average of $3.55 and a 200-day moving average of $3.04. The stock’s market capitalization is $1.87 billion.
Harmony Gold Mining Company Limited is a gold-mining and exploration company. The Company has operations in South Africa and Papua New Guinea. In South Africa, the Company’s operations are focused on the Witwatersrand Basin and the Kraaipan Greenstone Belt. The Company operates nine underground mines, one open-pit mine and several surface operations.
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