Analysts Keeping an Eye on Harmony Gold Mining Co. (ADR) (NYSE:HMY)

The shares of Harmony Gold Mining Co. (ADR) (NYSE:HMY)currently has mean rating of 2.7 while 1 analyst have recommended the shares as ‘BUY’ ,0 recommended as ‘OUTPERFORM’ and 2 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Harmony Gold Mining Co. (ADR) (NYSE:HMY)is at $3.62 while the highest price target suggested by the analysts is $3.89 and low price target is $3.23. The mean price target is calculated keeping in view the consensus of 3 brokerage firms.

The company’s mean estimate for sales for the current quarter ending 0-00-31 is 1.30B by 2 analysts. The means estimate of sales for the year ending Jun 16 is 1.30B by 2 analysts.

In its latest quarter ended on 31 Mar 2014 , Harmony Gold Mining Co. (ADR) (NYSE:HMY)reported earnings of $0.01. The posted earnings missed the analyst’s consensus by $-0.06 with the surprise factor of -85.70%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Harmony Gold Mining Co. (ADR) (NYSE:HMY) traded up +1.07% during trading on Friday, hitting $3.81 . The stock had a trading volume of 4.1 M shares. The firm has a 50 day moving average of $3.33 and a 200-day moving average of $2.56. The stock has a market cap of $1.65B. On Mar 17, 2016 the shares registered one year high at $4.19 and the one year low was seen on Nov 20, 2015.

Harmony Gold Mining Company Limited engages in the exploration and mining of gold in South Africa and Papua New Guinea. The company also explores for copper, silver, uranium, and molybdenum deposits. It has nine underground operations located on the Witwatersrand Basin; an open-pit mine exploiting the Kraaipan Greenstone Belt; and various other surface operations in South Africa. The company also owns a 50% interest in the Hidden Valley, an open-pit gold and silver mine; the Wafi-Golpu project; and exploration tenements in Papua New Guinea. Harmony Gold Mining Company Limited was incorporated in 1950 and is based in Randfontein, South Africa.