Harmony Gold Mining Company Ltd. (NYSE:HMY) upgraded by Morgan Stanley from Underweight to Equal Weight on January 23, with price target increased to ZAR 330. The upgrade was due to stock valuation and resolution of a major event risk related to the Eva project’s capital guidance.

Harmony Gold Mining Company Ltd. (NYSE:HMY) is integrating the CSA copper mine in Australia and progressing at the Eva Copper Project. The contractor is set to mobilize to the site in the March 2026 quarter. Specific guidance for the newly acquired asset is expected during upcoming interim results.

Leadership of Harmony Gold Mining Company Ltd. (NYSE:HMY) prepares for the Investing in African Mining Indaba, focusing on capital structure review to fund growth projects while delivering shareholder returns. Detailed operational and financial figures are set for official release on March 11 this year.

Read more at Yahoo Finance: Morgan Stanley Upgrades Harmony Gold (HMY) to Equal Weight Following Year of Underperformance