Harmony Remains Neutral
Posted on January 03, 2012 at 13:10 PM EST
We maintain our Neutral recommendation on Randfontein, South Africa based Harmony Gold Mining Company Limited (NYSE:HMY). The company conducts underground and surface gold mining. It is also engaged in related activities such as exploration, processing, smelting and refining. Harmony recorded a net profit of 16 cents per share in the first quarter of 2012 versus [...]

We maintain our Neutral recommendation on Randfontein, South Africa based Harmony Gold Mining Company Limited (NYSE:HMY). The company conducts underground and surface gold mining. It is also engaged in related activities such as exploration, processing, smelting and refining.
Harmony recorded a net profit of 16 cents per share in the first quarter of 2012 versus last quarter’s loss of 1 cent per share and year-ago quarters profit of 3 cents. Results were a penny ahead of the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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