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Harmony Gold (NYSE:HMY) has been downgraded from Hold to Sell in a statement by Deutsche Bank earlier today.

Having a price of $1.87, Harmony Gold (NYSE:HMY) traded 0.27% higher on the day. With the last close down -6.10% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the same period. Harmony Gold has recorded a 50-day average of $1.94 and a two hundred day average of $2.00. Volume of trade was down over the average, with 1,951,165 shares of HMY changing hands under the typical 3,004,410

Deutsche Bank has downgraded Harmony Gold (NYSE:HMY) from Hold to Sell in a statement released on Friday October 13, 2017.

Performance Chart

Harmony Gold (NYSE:HMY)

With a total market value of $0, Harmony Gold has P/E ratio of 30.74 with a 52 week low of $1.56 and a 52 week high of $3.51 .

In addition to Deutsche Bank reporting its target price, a total of 3 firms have issued a report on HMY. The one year target is $3.39 with zero analysts rating the stock a strong buy, 1 brokerage rating the stock a buy, two analysts rating the company a hold, zero analysts rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Harmony Gold (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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