Harmony Gold Mining Co. (HMY) Trading Down 6%
Harmony Gold Mining Co. (NYSE:HMY) shares fell 6% during trading on Monday . The stock traded as low as $4.05 and last traded at $4.06, with a volume of 2,669,077 shares traded. The stock had previously closed at $4.32.
Several brokerages have recently commented on HMY. Zacks Investment Research downgraded Harmony Gold Mining from a “buy” rating to a “hold” rating in a report on Friday, July 15th. JPMorgan Chase & Co. raised Harmony Gold Mining from a “neutral” rating to an “overweight” rating in a report on Tuesday, July 12th. Macquarie raised Harmony Gold Mining from an “underperform” rating to a “neutral” rating in a report on Friday, July 1st. TheStreet raised Harmony Gold Mining from a “sell” rating to a “hold” rating in a report on Thursday, July 14th. Finally, Deutsche Bank AG raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Wednesday, July 6th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $5.00.
The stock’s market cap is $1.75 billion. The stock has a 50-day moving average of $3.88 and a 200-day moving average 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.