Harmony Gold Mining Co. (HMY) Shares Down 1.9%
Harmony Gold Mining Co. (NYSE:HMY)’s share price was down 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 changing hands. The stock had previously closed at $4.76.
Several equities analysts recently commented on HMY shares. Zacks Investment Research downgraded Harmony Gold Mining from a “buy” rating to a “sell” rating in a research note on Tuesday, May 10th. JPMorgan Chase & Co. upgraded Harmony Gold Mining from a “neutral” rating to an “overweight” rating in a research note on Tuesday, July 12th. TheStreet upgraded Harmony Gold Mining from a “sell” rating to a “hold” rating in a research note on Thursday, July 14th. Deutsche Bank AG upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Wednesday, July 6th. Finally, Macquarie upgraded Harmony Gold Mining from an “underperform” rating to a “neutral” rating in a research note on Friday, July 1st. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Harmony Gold Mining has a consensus rating of “Buy” and a consensus price target of $5.00.
The company’s market cap is $1.95 billion. The stock has a 50 day moving average of $4.12 and a 200-day moving average of $3.41.
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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