Harmony Gold Mining Co. (HMY) Stock Price Down 1.9%
Harmony Gold Mining Co. (NYSE:HMY)’s share price fell 1.9% during trading on Wednesday . The stock traded as low as $4.60 and last traded at $4.67, with a volume of 1,291,549 shares. The stock had previously closed at $4.76.
Several research firms recently commented on HMY. Zacks Investment Research lowered Harmony Gold Mining from a “buy” rating to a “hold” rating in a research report on Friday, July 15th. JPMorgan Chase & Co. raised Harmony Gold Mining from a “neutral” rating to an “overweight” rating in a research report on Tuesday, July 12th. Macquarie raised Harmony Gold Mining from an “underperform” rating to a “neutral” rating in a research report on Friday, July 1st. TheStreet raised Harmony Gold Mining from a “sell” rating to a “hold” rating in a research report on Thursday, July 14th. Finally, Deutsche Bank AG raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Wednesday, July 6th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Harmony Gold Mining currently has an average rating of “Buy” and a consensus price target of $5.00.
The firm’s market cap is $2.02 billion. The stock’s 50-day moving average price is $4.08 and its 200 day moving average price is $3.40.
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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