Markets
AU

Harmony Gold (HMY) in Focus: Stock Jumps 6.7% in Session

Harmony Gold Mining Company LimitedHMY was a big mover last session, as the company saw its shares rise around 7% on the day. Shares of the company gained after gold prices saw an upside. This resulted in solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 65.4% in the past one-month time frame.

The company has seen one positive revision in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this gold stock going forward to see if this recent jump can turn into more strength down the road.

Harmony Gold currently carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.

Another favorably placed stock in the same industry is AngloGold Ashanti Ltd. AU , carrying the same Zacks Rank as Harmony Gold.

Is HMY going up? Or down? Predict to see what others think: Up or Down

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

ANGLOGOLD LTD (AU): Free Stock Analysis Report

HARMONY GOLD (HMY): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

AU HMY

Other Topics

Investing Stocks

Latest Markets Videos