Harmony Gold Mining Co. (HMY) Reaches New 1-Year High at $4.42
Harmony Gold Mining Co. (NYSE:HMY) reached a new 52-week high during trading on Wednesday . The stock traded as high as $4.42 and last traded at $4.29, with a volume of 5,313,663 shares changing hands. The stock had previously closed at $4.10.
Several equities research analysts have recently commented on HMY shares. Macquarie lowered shares of Harmony Gold Mining from a “neutral” rating to an “underperform” rating in a report on Tuesday, March 15th. Zacks Investment Research upgraded shares of Harmony Gold Mining from a “sell” rating to a “buy” rating and set a $3.25 price target for the company in a report on Tuesday, May 31st. Finally, Deutsche Bank AG upgraded shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Wednesday.
The company has a 50-day moving average of $3.48 and a 200-day moving average of $2.96. The stock’s market capitalization is $1.85 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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