Initiated Market Perform X

HMY Harmony Gold

BMO Capital Markets

$16

Resumed Neutral X

HMY Harmony Gold

BofA Securities

Upgrades Underweight Neutral X

HMY Harmony Gold

JP Morgan

Downgrades Hold Reduce X

HMY Harmony Gold

HSBC Securities

Downgrades Neutral Underweight X

HMY Harmony Gold

JP Morgan

Upgrades Reduce Hold X

HMY Harmony Gold

HSBC Securities

Downgrades Eq-Weight Underweight X

HMY Harmony Gold

Morgan Stanley

Downgrades Buy Neutral X

HMY Harmony Gold

UBS

Upgrades Underweight Overweight X

HMY Harmony Gold

JP Morgan

Downgrades Neutral Underperform X

HMY Harmony Gold

Macquarie

HMY  Harmony Gold Mining Company Limited

Harmony Gold Mining Company Limited, through its subsidiaries, is engaged in gold mining and related activities, including exploration, extraction and processing. The Company's segments include South Africa Underground, Surface, and International. The South Africa Underground segment includes Kusasalethu, Doornkop, Phakisa, Tshepong, Masimong, Target 1, Bambanani, Joel, Unisel and Target 3. The Surface segment comprises the Company's other surface operations. The Company's International segment comprises Hidden Valley Project. The Company has operations in South Africa and Papua New Guinea (PNG). The Company's principal product is the Gold bullion. The Company's exploration projects include Golpu project and Kili Teke prospect. The Company has approximately nine underground mines, one open pit operation and several surface sources in South Africa. The Company's subsidiaries include Lydenburg Exploration Limited, Tswelopele Beneficiation Operation (TBO) and Harmony Copper Limited.