Harmony Gold Mining Co. (HMY) Trading Down 1.9%
Harmony Gold Mining Co. (NYSE:HMY) was down 1.9% during trading on Thursday . The stock traded as low as $4.54 and last traded at $4.56, with a volume of 2,942,047 shares. The stock had previously closed at $4.65.
Several equities research analysts recently commented on HMY shares. Zacks Investment Research raised shares of Harmony Gold Mining from a “sell” rating to a “buy” rating and set a $3.25 price objective on the stock in a research note on Tuesday, May 31st. Deutsche Bank AG raised shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Wednesday, July 6th. TheStreet raised shares of Harmony Gold Mining from a “sell” rating to a “hold” rating in a research note on Thursday, July 14th. Macquarie raised shares of Harmony Gold Mining from an “underperform” rating to a “neutral” rating in a research note on Friday, July 1st. Finally, JPMorgan Chase & Co. raised shares of Harmony Gold Mining from a “neutral” rating to an “overweight” rating in a research note on Tuesday, July 12th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Harmony Gold Mining has an average rating of “Buy” and an average target price of $5.00.
The stock’s market capitalization is $1.98 billion. The stock has a 50-day moving average of $4.28 and a 200 day moving average of $3.50.
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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