Harmony Gold Mining Co. (NYSE:HMY)’s stock price shot up 14.7% during trading on Monday . The company traded as high as $2.55 and last traded at $2.42, 11,257,866 shares traded hands during trading. An increase of 27% from the average session volume of 8,846,531 shares. The stock had previously closed at $2.11.
A number of brokerages have commented on HMY. Zacks Investment Research upgraded Harmony Gold Mining from a “sell” rating to a “hold” rating and set a $3.50 target price on the stock in a report on Friday, December 20th. ValuEngine upgraded Harmony Gold Mining from a “strong sell” rating to a “sell” rating in a report on Thursday.
The company has a debt-to-equity ratio of 0.24, a current ratio of 1.37 and a quick ratio of 0.85. The stock has a market capitalization of $1.14 billion, a P/E ratio of 17.29 and a beta of -0.28. The company has a fifty day moving average of $3.04 and a two-hundred day moving average of $3.21.
Harmony Gold Mining Company Profile (NYSE:HMY)
Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing 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 surface treatment operations in South Africa.
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