Market Overview

BMO Capital Reiterates Market Perform Rating, $110 PT for Harmony Gold Mining

In a report issued earlier today, BMO Capital Markets reiterated its Market Perform rating and $110 price target for Harmony Gold Mining (NASDAQ: HMY).

BMO Capital said in the report “The highly prospective Wafi-Golpu project provides long-term upside and international diversification potential, but cost escalation and safety in South Africa may continue to present challenges.”

Harmony Gold Mining closed on Friday at $81.11.

Posted-In: BMO Capital MarketsAnalyst Color Reiteration Analyst Ratings

 

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