Shares of Harmony Gold Mining HMY are trading up 4.2% to $14.33 today on above average volume. Approximately 2.5 million shares have traded hands today vs. average 30-day volume of 2.2 million shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of HMY to see if this bullish momentum will continue.
Harmony Gold Mining Company Limited is a mining company which produces gold from its operations in the district of Virginia, Orange Free State. Harmony owns and operates the Harmony, Randfontein, Evander, Consolidated Modderfontein, Grootvei and Bissett gold mines. Harmony also has gold mining operations in Australia.
In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has risen 0.27%.
In the past 52 weeks, shares of Harmony Gold Mining have traded between a low of $9.84 and a high of $15.73 and are now at $14.20, which is 44% above that low price.
Write to Chip Brian at cbrian@mysmartrend.com
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