Harmony Gold Mining (NYSE:HMY) was downgraded by equities research analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued to investors on Wednesday.
Separately, Zacks Investment Research raised Harmony Gold Mining from a “sell” rating to a “hold” rating in a research report on Thursday, May 31st. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $2.50.
Harmony Gold Mining stock opened at $1.44 on Wednesday. The company has a market cap of $724.91 million, a P/E ratio of 6.81 and a beta of -1.96. The company has a current ratio of 2.21, a quick ratio of 1.61 and a debt-to-equity ratio of 0.09. Harmony Gold Mining has a one year low of $1.42 and a one year high of $2.53.
Harmony Gold Mining Company Profile
Harmony Gold Mining Company Limited engages in the exploration and mining of gold in South Africa and Papua New Guinea. The company also explores for copper and silver deposits. It has nine underground operations; an open-pit mine; and various other surface operations in South Africa. The company owns interests in the Hidden Valley, an open-pit gold and silver mine; the Wafi Golpu project in Morobe province; and the Kili Teke gold-copper exploration project in Papua New Guinea.
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