Harmony Gold Mining Co. (HMY) Sets New 1-Year High at $4.56
Harmony Gold Mining Co. (NYSE:HMY)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $4.56 and last traded at $4.54, with a volume of 3,171,310 shares changing hands. The stock had previously closed at $4.30.
HMY has been the subject of several recent analyst reports. Zacks Investment Research downgraded shares of Harmony Gold Mining from a “buy” rating to a “sell” rating in a research note on Tuesday, May 10th. Macquarie downgraded shares of Harmony Gold Mining from a “neutral” rating to an “underperform” rating in a research note on Tuesday, March 15th. 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. Finally, JPMorgan Chase & Co. raised shares of Harmony Gold Mining from a “neutral” rating to an “overweight” rating in a research note on Tuesday.
The stock has a 50 day moving average of $3.58 and a 200 day moving average of $3.05. The company’s market capitalization is $1.99 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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