Harmony Gold Mining (HMY) Trading Up 7%
Harmony Gold Mining Co. (NYSE:HMY) shares were up 7% on Monday . The stock traded as high as $1.88 and last traded at $1.83. Approximately 9,486,960 shares changed hands during trading, an increase of 102% from the average daily volume of 4,696,968 shares. The stock had previously closed at $1.71.
Several research analysts have weighed in on HMY shares. ValuEngine upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Zacks Investment Research upgraded Harmony Gold Mining from a “sell” rating to a “hold” rating in a report on Wednesday, February 7th. Deutsche Bank upgraded Harmony Gold Mining from a “sell” rating to a “hold” rating in a report on Thursday, November 30th. Finally, Bank of America lowered Harmony Gold Mining from a “buy” rating to a “neutral” rating in a report on Friday, October 20th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold”.
The company has a current ratio of 1.28, a quick ratio of 0.99 and a debt-to-equity ratio of 0.02.
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About Harmony Gold Mining
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.
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