Harmony Gold Mining Co. (NYSE:HMY) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $1.46 and last traded at $1.49, with a volume of 774256 shares traded. The stock had previously closed at $1.62.
A number of brokerages have recently issued reports on HMY. ValuEngine downgraded shares of Harmony Gold Mining from a “hold” rating to a “sell” rating in a research report on Saturday, June 2nd. Zacks Investment Research raised shares of Harmony Gold Mining from a “sell” rating to a “hold” rating in a research report on Tuesday, May 1st. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. Harmony Gold Mining has an average rating of “Hold” and an average target price of $2.50.
The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.61 and a current ratio of 2.21. The stock has a market capitalization of $724.91 million, a PE ratio of 6.81 and a beta of -1.96.
Harmony Gold Mining Company Profile (NYSE:HMY)
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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