Harmony Gold Mining (NYSE:HMY) was upgraded by research analysts at Deutsche Bank from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

Other equities analysts have also issued reports about the stock. BidaskClub lowered shares of Harmony Gold Mining from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Bank of America lowered shares of Harmony Gold Mining from a “buy” rating to a “neutral” rating in a research report on Friday, October 20th. Finally, ValuEngine upgraded shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a research report on Thursday, September 7th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold”.

Shares of Harmony Gold Mining (HMY) traded down $0.01 during trading on Thursday, hitting $1.83. 1,768,528 shares of the stock traded hands, compared to its average volume of 2,125,611. The company has a current ratio of 1.28, a quick ratio of 0.99 and a debt-to-equity ratio of 0.02. Harmony Gold Mining has a 1-year low of $1.56 and a 1-year high of $2.99.

Large investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers acquired a new position in Harmony Gold Mining in the second quarter valued at about $103,000. BNP Paribas Arbitrage SA boosted its position in Harmony Gold Mining by 84.9% in the third quarter. BNP Paribas Arbitrage SA now owns 61,810 shares of the mining company’s stock valued at $113,000 after buying an additional 28,381 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in Harmony Gold Mining in the second quarter valued at about $128,000. Virtu Financial LLC boosted its position in Harmony Gold Mining by 226.6% in the third quarter. Virtu Financial LLC now owns 177,931 shares of the mining company’s stock valued at $129,000 after buying an additional 123,454 shares in the last quarter. Finally, SignalPoint Asset Management LLC acquired a new position in Harmony Gold Mining in the third quarter valued at about $151,000. Hedge funds and other institutional investors own 25.27% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Harmony Gold Mining (HMY) Stock Rating Upgraded by Deutsche Bank” was posted by Daily Political and is the property of of Daily Political. If you are accessing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this news story can be accessed at https://www.dailypolitical.com/2017/12/02/harmony-gold-mining-hmy-stock-rating-upgraded-by-deutsche-bank.html.

Harmony Gold Mining Company Profile

Harmony Gold Mining Company Limited, through its subsidiaries, is engaged in gold mining and related activities, including exploration, extraction and processing. The Company’s segments include South Africa Underground, Surface, and International. The South Africa Underground segment includes Kusasalethu, Doornkop, Phakisa, Tshepong, Masimong, Target 1, Bambanani, Joel, Unisel and Target 3.

Receive News & Ratings for Harmony Gold Mining Company Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harmony Gold Mining Company Limited and related companies with MarketBeat.com's FREE daily email newsletter.