Harmony Gold Mining Co. (HMY) Trading Down 1.1%
Harmony Gold Mining Co. (NYSE:HMY) traded down 1.1% on Monday . The stock traded as low as $4.42 and last traded at $4.46, with a volume of 2,634,166 shares. The stock had previously closed at $4.51.
Several equities research analysts have weighed in on the company. Zacks Investment Research cut Harmony Gold Mining from a “buy” rating to a “hold” rating in a research note on Friday, July 15th. JPMorgan Chase & Co. upgraded Harmony Gold Mining from a “neutral” rating to an “overweight” rating in a research note on Tuesday, July 12th. Macquarie upgraded Harmony Gold Mining from an “underperform” rating to a “neutral” rating in a research note on Friday, July 1st. TheStreet upgraded Harmony Gold Mining from a “sell” rating to a “hold” rating in a research note on Thursday, July 14th. Finally, Deutsche Bank AG upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Wednesday, July 6th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $5.00.
The stock has a 50-day moving average of $3.78 and a 200 day moving average of $3.17. The company’s market capitalization is $1.88 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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