Harmony Gold Mining Co. (HMY) Stock Price Up 5.1%
Harmony Gold Mining Co. (NYSE:HMY) shares rose 5.1% on Tuesday . The stock traded as high as $4.13 and last traded at $4.09, with a volume of 4,747,379 shares traded. The stock had previously closed at $3.89.
HMY has been the topic of several research analyst reports. Zacks Investment Research raised shares of Harmony Gold Mining from a “sell” rating to a “buy” rating and set a $3.25 price target on the stock in a report on Tuesday, May 31st. Deutsche Bank AG raised Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Wednesday. Finally, Macquarie raised Harmony Gold Mining from an “underperform” rating to a “neutral” rating in a research note on Friday, July 1st.
The company’s 50-day moving average price is $3.45 and its 200-day moving average price is $2.95. The stock’s market cap is $1.88 billion.
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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