Harmony Gold Mining Co. (HMY) Trading Up 5.1%
Harmony Gold Mining Co. (NYSE:HMY)’s share price was up 5.1% during trading on Thursday . The stock traded as high as $4.38 and last traded at $4.31, with a volume of 1,865,742 shares changing hands. The stock had previously closed at $4.10.
A number of equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of Harmony Gold Mining from a “buy” rating to a “sell” rating in a report on Tuesday, May 10th. JPMorgan Chase & Co. raised shares of Harmony Gold Mining from a “neutral” rating to an “overweight” rating in a report on Tuesday, July 12th. TheStreet raised shares of Harmony Gold Mining from a “sell” rating to a “hold” rating in a report on Thursday, July 14th. Deutsche Bank AG raised shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Wednesday, July 6th. Finally, Macquarie raised shares of Harmony Gold Mining from an “underperform” rating to a “neutral” rating in a report on Friday, July 1st. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $5.00.
The company has a 50 day moving average of $3.81 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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