Harmony Gold Mining (HMY) Posts Quarterly Results
Harmony Gold Mining (NYSE:HMY) announced its earnings results on Monday. The company reported ($0.02) earnings per share (EPS) for the quarter, AnalystRatings.Net reports.
A number of analysts have recently weighed in on HMY shares. Analysts at JPMorgan Chase & Co. downgraded shares of Harmony Gold Mining from an “overweight” rating to a “neutral” rating in a research note to investors on Thursday. On a related note, analysts at CIBC downgraded shares of Harmony Gold Mining from a “sector perform” rating to a “sector underperform” rating in a research note to investors on Tuesday, December 3rd. Finally, analysts at Zacks reiterated an “underperform” rating on shares of Harmony Gold Mining in a research note to investors on Thursday, November 14th. They now have a $2.75 price target on the stock. Six investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The stock currently has an average rating of “Sell” and a consensus target price of $2.75.
Shares of Harmony Gold Mining (NYSE:HMY) opened at 2.88 on Monday. Harmony Gold Mining has a one year low of $2.35 and a one year high of $7.31. The stock’s 50-day moving average is $2.64 and its 200-day moving average is $3.2. The company’s market cap is $1.246 billion.
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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