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Harmony Gold Mining (HMY) in Focus: Stock Falls by 7.1% - Tale of the Tape

Harmony Gold Mining Company Limited ( HMY ) saw a big move last session, as the company's shares fell over 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the most recent downtrend for HMY, as the stock is down nearly 22% in the past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as the Gold Mining company has seen 1 negative revision in the past few weeks and its current year earnings consensus hasn't been in trend either over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

HMY currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the Gold Mining industry include Agnico Eagle Mines Limited ( AEM ), Alamos Gold Inc. ( AGI ) and Lake Shore Gold Corp. ( LSG ). While Agnico Eagle holds a Zacks Rank #1 (Strong Buy), Alamos Gold and Lake Shore carry a Zacks Rank #2 (Buy).

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AGNICO EAGLE (AEM): Free Stock Analysis Report

ALAMOS GOLD INC (AGI): Free Stock Analysis Report

HARMONY GOLD (HMY): Free Stock Analysis Report

LAKE SHORE GOLD (LSG): Free Stock Analysis Report

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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.

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