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.