Harmony Gold Mining Co. (HMY) Hits New 12-Month High at $4.56
Harmony Gold Mining Co. (NYSE:HMY) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $4.56 and last traded at $4.54, with a volume of 3,171,310 shares traded. The stock had previously closed at $4.30.
Several research firms have recently issued reports on HMY. Zacks Investment Research cut shares of Harmony Gold Mining from a “buy” rating to a “hold” rating in a report on Monday, April 4th. Macquarie upgraded shares of Harmony Gold Mining from an “underperform” rating to a “neutral” rating in a report on Friday, July 1st. Deutsche Bank AG upgraded shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Wednesday, July 6th. Finally, JPMorgan Chase & Co. upgraded shares of Harmony Gold Mining from a “neutral” rating to an “overweight” rating in a report on Tuesday.
The stock’s 50-day moving average is $3.67 and its 200-day moving average is $3.07. The company’s market capitalization is $1.96 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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