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Harmony Gold Mining Co. Ltd. (HMY) [hlAlert]

Rating:
Sell HMY
up 895.55 %

Harmony Gold Mining Co. Ltd. (HMY) rated Sell

Posted on: Tuesday,  Aug 28, 2007  11:25 AM ET by William Blair

William Blair rated Sell Harmony Gold Mining Co. Ltd. (NYSE: HMY) on 08/28/2007, when the stock price was $8.96.
Since then, Harmony Gold Mining Co. Ltd. has lost 89.96% as of 01/25/2016's recent price of $0.90.
If you would have followed this William Blair's recommendation on HMY, you would have gained 895.55% of your investment in 3072 days.

Harmony Gold Mining Company Limited (Harmony) is a gold producer. The Company conducts underground and surface gold mining and related activities, including exploration, processing, smelting and beneficiation. As of June 30, 2009, its mining operations reported total proven and probable reserves of approximately 48.2 million ounces. During the fiscal year ended June 30, 2009 (fiscal 2009), the Company processed approximately 21.1 million tons of ore. During fiscal 2009, all of the Company?s total gold production took place in South Africa. During fiscal 2009, approximately 93% of its South African gold came from underground mines, and approximately 7% came from its surface operations. On August 27, 2009, it acquired two new exploration projects, the Amanab and the Mount Hagen Projects, in Papua New Guinea.

The Equity Research department provides the firm's clients with in-depth investment analysis and investment recommendations. Acting as the company's laboratory for new investment ideas, it specializes in providing investment analysis on quality growth companies. Located together in our Chicago office, our equity analysts currently follow a universe of nearly 360 companies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/28/2007 11:25 AM Sell
None
8.96 10.75
as of 8/27/2015
1 Week up  18.18 %
1 Month up  31.29 %
3 Months up  46.10 %
1 YTD up  64.42 %

(*) Stock Price at the time of the recommendation.
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