Harmony Gold Mining Downgraded by UBS AG to Sell (HMY)
Harmony Gold Mining (NYSE:HMY) was downgraded by equities researchers at UBS AG from a “neutral” rating to a “sell” rating in a research report issued on Wednesday, TheFlyOnTheWall.com reports.
HMY has been the subject of a number of other recent research reports. Analysts at HSBC downgraded shares of Harmony Gold Mining from a “neutral” rating to an “underweight” rating in a research note to investors on Thursday, August 8th. Analysts at BMO Capital Markets downgraded shares of Harmony Gold Mining from a “market perform” rating to an “underperform” rating in a research note to investors on Monday, July 15th.
Six equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company has an average rating of “Sell” and a consensus price target of $3.50.
Harmony Gold Mining (NYSE:HMY) traded down 1.75% on Wednesday, hitting $3.94. The stock had a trading volume of 2,757,522 shares. Harmony Gold Mining has a 52 week low of $3.29 and a 52 week high of $9.79. The stock has a 50-day moving average of $3.73 and a 200-day moving average of $4.82. The company’s market cap is $1.704 billion.
Harmony Gold Mining (NYSE:HMY) last released its earnings data on Wednesday, August 14th. The company reported ($0.20) EPS for the quarter.
Harmony Gold Mining Company Limited (NYSE:HMY) is engaged in underground and surface gold mining and related activities, including exploration, processing and smelting.
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