Harmony Gold Mining Company (NYSE:HMY) hit a new 52-week high Wednesday as it changed hands at $15.62 compared with its previous 52-week high of $15.36. Harmony is currently trading at $15.52 with 799,490 shares changing hands as of 10:36 a.m.
NEW YORK ( TheStreet) -- Harmony Gold Mining Company (NYSE: HMY) hit a new 52-week high Wednesday as it traded at $15.62 compared with its previous 52-Week high of $15.36. Harmony is changing hands at $15.52 with 799,490 shares traded as of 10:36 a.m. ET. Average volume has been 3.1 million shares over the past 30 days. Harmony has a market cap of $6.4 billion and is part of the basic materials sector and metals & mining industry. Shares are up 21.9% year to date as of the close of trading on Tuesday. Harmony Gold Mining Company Limited engages in underground and surface gold mining. It also involves in related activities, including exploration, processing, and smelting.
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TheStreet Ratings rates Harmony as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Harmony Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.