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 -15.14% 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 -4.99% relative to the S&P 500. The 4-week change in the price of the stock is -15.32% and the stock has fallen -5.61% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 11.61% and the fifty day Moving Average is 6.98%. Harmony Gold Mining Company Limited is up 32.53% in the last three month period. Year-to-Date the stock performance stands at 316.13%.
Harmony Gold Mining Company Limited (NYSE:HMY): On Fridays trading session , Opening price of the stock was $4 with an intraday high of $4.105. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $3.83. However, the stock managed to close at $3.87, a loss of 1.53% for the day. On the previous day, the stock had closed at $3.93. The total traded volume of the day was 6,455,196 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.