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Harmony Gold Mining (NYSE:HMY) has been downgraded from Buy to Neutral in a report by Bank of America (Merrill Lynch) today.

Just yesterday Harmony Gold Mining (NYSE:HMY) traded -1.18% lower at $1.66. Harmony Gold Mining’s 50-day average is $1.92 and its two hundred day average is $1.97. With the last stock price down -15.42% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. Trade Volume was down over the average, with 1,120,231 shares of HMY changing hands under the typical 3,132,840

Bank of America (Merrill Lynch) has downgraded Harmony Gold Mining (NYSE:HMY) from Buy to Neutral in a report released on 10/20/2017.

Recent Performance Chart

Harmony Gold Mining (NYSE:HMY)

Harmony Gold Mining has PE ratio of 27.38 with a one year low of $1.56 and a one year high of $3.51 and has a market capitalization of $0.

A total of 3 firms have issued a report on the stock. 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $3.39.

About Harmony Gold Mining (NYSE:HMY)

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. The Surface segment comprises the Company's other surface operations. The Company's International segment comprises Hidden Valley Project. The Company has operations in South Africa and Papua New Guinea (PNG). The Company's principal product is the Gold bullion. The Company's exploration projects include Golpu project and Kili Teke prospect. The Company has approximately nine underground mines, one open pit operation and several surface sources in South Africa. The Company's subsidiaries include Lydenburg Exploration Limited, Tswelopele Beneficiation Operation (TBO) and Harmony Copper Limited.

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