Brokerage Firm Rating on Harmony Gold Mining Company Limited (HMY)

Harmony Gold Mining Company Limited (HMY) has an average broker rating of 2, which is interpreted as a Buy, as rated by 2 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.

Harmony Gold Mining Company Limited (HMY) : 2 Wall Street analysts covering Harmony Gold Mining Company Limited (HMY) believe that the average level the stock could reach for the short term is $4.71. The maximum price target given is $5 and the minimum target for short term is around $5, hence the standard deviation is calculated at $0.18.


For the current week, the company shares have a recommendation consensus of Buy. Harmony Gold Mining Company Limited (NYSE:HMY): The stock opened at $4.65 on Thursday but the bulls could not build on the opening and the stock topped out at $4.68 for the day. The stock traded down to $4.54 during the day, due to lack of any buying support eventually closed down at $4.55 with a loss of -2.15% for the day. The stock had closed at $4.65 on the previous day. The total traded volume was 3,015,271 shares.

Harmony Gold Mining Company Limited is a gold-mining and exploration company. The Company has operations in South Africa and Papua New Guinea. In South Africa, the Companys operations are focused on the Witwatersrand Basin and the Kraaipan Greenstone Belt. The Company operates nine underground mines, one open-pit mine and several surface operations. The Companys operations in Papua New Guinea form part of a 50% joint venture with Newcrest Mining Limited. These operations include the Hidden Valley open-pit gold and silver mine, the Wafi-Golpu project and exploration tenements. In addition to its joint venture work, Harmony also has a 100%-owned exploration portfolio that focuses on prospective areas in Papua New Guinea. The Golpu project is a differentiating feature for Harmony and is one of the gold copper porphyries in South East Asia with an expected life-span of approximately 40 years. It has a diameter of approximately 600 meters and a proven depth of approximately 1,700 meters.

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