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J.P. Morgan Remains a Hold on Harmony Gold Mining (HMY)

J.P. Morgan analyst Dominic OKane maintained a Hold rating on Harmony Gold Mining (HMYResearch Report) yesterday and set a price target of $3.90. The company’s shares closed yesterday at $3.51.

OKane covers the Basic Materials sector, focusing on stocks such as Harmony Gold Mining, Anglo American, and Sibanye Stillwater. According to TipRanks, OKane has an average return of 13.2% and a 68.35% success rate on recommended stocks.

Harmony Gold Mining has an analyst consensus of Hold, with a price target consensus of $3.90.

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The company has a one-year high of $5.45 and a one-year low of $1.93. Currently, Harmony Gold Mining has an average volume of 6.14M.

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Harmony Gold Mining Co. Ltd. engages in mining and exploration of gold. It involves in building mines and open-pit operation, sales and financial management, and land rehabilitation and mine closure. It operates through the following segments: Tshepong Operations, Moab Khotsong, Bambanani, Joel, Doornkop, Target 1, Kusasalethu, Masimong, and Unisel. The company was founded on August 25, 1950 and is headquartered in Randfontein, South Africa.

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