Harmony Gold Mining (NYSE:HMY) had its price target trimmed by JPMorgan Chase & Co. from $4.20 to $4.10 in a research note released on Thursday morning, BenzingaRatingsTable reports. The firm currently has an overweight rating on the mining company’s stock.
Other research analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of Harmony Gold Mining from a sell rating to a hold rating and set a $2.50 price target for the company in a report on Friday, June 28th. ValuEngine downgraded Harmony Gold Mining from a buy rating to a hold rating in a report on Wednesday, September 4th.
Shares of NYSE:HMY traded down $0.17 during trading on Thursday, hitting $2.98. 491,366 shares of the company were exchanged, compared to its average volume of 11,832,938. The business’s 50 day moving average is $3.14 and its 200-day moving average is $2.26. The company has a market capitalization of $1.41 billion, a P/E ratio of 21.29 and a beta of -1.47. The company has a quick ratio of 0.75, a current ratio of 1.35 and a debt-to-equity ratio of 0.27. Harmony Gold Mining has a 1-year low of $1.47 and a 1-year high of $3.86.
About Harmony Gold Mining
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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