Harmony Gold Mining (NYSE:HMY) was upgraded by analysts at HSBC from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, The Fly reports.
HMY has been the subject of a number of other reports. ValuEngine upgraded Harmony Gold Mining from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research upgraded Harmony Gold Mining from a “sell” rating to a “hold” rating in a research note on Tuesday, December 19th. Deutsche Bank upgraded Harmony Gold Mining from a “sell” rating to a “hold” rating in a research note on Thursday, November 30th. Finally, Bank of America downgraded Harmony Gold Mining from a “buy” rating to a “neutral” rating in a research note on Friday, October 20th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold”.
Harmony Gold Mining (HMY) traded up $0.16 during trading hours on Wednesday, hitting $2.02. The company had a trading volume of 6,894,696 shares, compared to its average volume of 4,636,783. The company has a quick ratio of 0.99, a current ratio of 1.28 and a debt-to-equity ratio of 0.02. Harmony Gold Mining has a fifty-two week low of $1.56 and a fifty-two week high of $2.99.
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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.
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