Harmony Gold Mining Company Limited (HMY) Shares are Down -6.94%

Harmony Gold Mining Company Limited (HMY) : During the past 4 weeks, traders have been relatively bearish on Harmony Gold Mining Company Limited (HMY), hence the stock is down -16.6% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -7.44% relative to the S&P 500. The 4-week change in the price of the stock is -18.29% and the stock has fallen -6.94% in the past 1 week.

The stock has recorded a 20-day Moving Average of 11.75% and the 50-Day Moving Average is 19.57%.The 200 Day SMA reached 8.8% Harmony Gold Mining Company Limited has dropped 2.72% during the last 3-month period . Year-to-Date the stock performance stands at 264.03%.


For the current week, the company shares have a recommendation consensus of Buy. Harmony Gold Mining Company Limited (NYSE:HMY): stock was range-bound between the intraday low of $3.27 and the intraday high of $3.47 after having opened at $3.41 on Fridays session. The stock finally closed in the red at $3.41, a loss of -3.74%. The stock remained in the red for the whole trading day. The total traded volume was 19,382,013 shares. The stock failed to cross $3.47 in Fridays trading. The stocks closing price on Thursday was $3.35.

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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