Harmony Gold Mining Co. (NYSE:HMY) was the target of a significant growth in short interest during the month of December. As of December 29th, there was short interest totalling 6,187,364 shares, a growth of 41.8% from the December 15th total of 4,364,797 shares. Based on an average daily trading volume, of 2,047,464 shares, the short-interest ratio is presently 3.0 days.
HMY has been the subject of a number of research reports. ValuEngine raised shares of Harmony Gold Mining from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Zacks Investment Research raised shares of Harmony Gold Mining from a “sell” rating to a “hold” rating in a report on Tuesday, December 19th. Deutsche Bank raised shares of Harmony Gold Mining from a “sell” rating to a “hold” rating in a report on Thursday, November 30th. Finally, Bank of America cut shares of Harmony Gold Mining from a “buy” rating to a “neutral” rating in a report on Friday, October 20th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. Harmony Gold Mining presently has a consensus rating of “Hold”.
Harmony Gold Mining (NYSE:HMY) opened at $1.69 on Friday. Harmony Gold Mining has a one year low of $1.56 and a one year high of $2.99. The company has a current ratio of 1.28, a quick ratio of 0.99 and a debt-to-equity ratio of 0.02. The stock has a market cap of $735.65, a PE ratio of 33.80 and a beta of -1.98.
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Harmony Gold Mining Company Profile
Harmony Gold Mining Company Limited, through its subsidiaries, is engaged in gold mining and related activities, including exploration, extraction and processing. The Company’s segments include South Africa Underground, Surface, and International. The South Africa Underground segment includes Kusasalethu, Doornkop, Phakisa, Tshepong, Masimong, Target 1, Bambanani, Joel, Unisel and Target 3.
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