Harmony Gold Mining Co. (HMY) Trading Up 5.1%
Harmony Gold Mining Co. (NYSE:HMY) shares were up 5.1% during trading on Thursday . The company traded as high as $4.38 and last traded at $4.31, with a volume of 1,865,742 shares trading hands. The stock had previously closed at $4.10.
A number of research analysts have recently commented on HMY shares. Zacks Investment Research lowered Harmony Gold Mining from a “buy” rating to a “hold” rating in a report on Monday, April 4th. Macquarie raised Harmony Gold Mining from an “underperform” rating to a “neutral” rating in a report on Friday, July 1st. Deutsche Bank AG raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Wednesday, July 6th. Finally, JPMorgan Chase & Co. raised Harmony Gold Mining from a “neutral” rating to an “overweight” rating in a report on Tuesday, July 12th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $5.00.
The stock’s market cap is $1.88 billion. The stock has a 50-day moving average price of $3.88 and a 200-day moving average price of $3.20.
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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