Harmony Gold Mining Co. (HMY) Shares Down 1.9%
Harmony Gold Mining Co. (NYSE:HMY)’s share price fell 1.9% during mid-day trading on Thursday . The company traded as low as $4.54 and last traded at $4.56, with a volume of 2,942,047 shares changing hands. The stock had previously closed at $4.65.
A number of equities analysts have recently weighed in on HMY shares. Zacks Investment Research raised shares of Harmony Gold Mining from a “hold” rating to a “buy” rating and set a $5.00 price target on the stock in a research report on Monday, July 18th. TheStreet raised shares of Harmony Gold Mining from a “sell” rating to a “hold” rating in a research report on Thursday, July 14th. JPMorgan Chase & Co. raised shares of Harmony Gold Mining from a “neutral” rating to an “overweight” rating in a research report on Tuesday, July 12th. Deutsche Bank AG raised shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Wednesday, July 6th. Finally, Macquarie raised shares of Harmony Gold Mining from an “underperform” rating to a “neutral” rating in a research report on Friday, July 1st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $5.00.
The stock’s market cap is $1.95 billion. The firm has a 50-day moving average price of $4.31 and a 200 day moving average price of $3.52.
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.