Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. It also explores for uranium, silver, copper, and molybdenum deposits. The company has nine underground operations in the Witwatersrand Basin; an open-pit mine on the Kraaipan Greenstone Belt; and various surface treatment operations in South Africa. It also owns interests in the Hidden Valley, an open-pit gold and silver mine; and Wafi-Golpu, a project in Morobe Province in Papua New Guinea. The company was incorporated in 1950 and is headquartered in Randfontein, South Africa.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of Harmony Gold Mining from a "hold" rating to a "sell" rating in a research note on Saturday, July 2nd.
Harmony Gold Mining Stock Up 1.7 %
Shares of NYSE:HMY traded up $0.06 during midday trading on Friday, reaching $3.50. The company's stock had a trading volume of 103,438 shares, compared to its average volume of 4,272,399. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.50 and a quick ratio of 1.06. Harmony Gold Mining has a fifty-two week low of $2.92 and a fifty-two week high of $5.50. The stock has a 50 day simple moving average of $3.25 and a 200-day simple moving average of $3.91.