Will This Only Make Things Worse? – Westwater Resources, Inc. (WWR), Harmony Gold Mining Company Limited (HMY)

For Westwater Resources, Inc. (NASDAQ:WWR) Friday was another day of weak-handed selling, with the high volume day punctuated by a decline from previous close. Trading activity expanded to 2 million shares from the 90-day average tally of 1.36 million shares per day. The price at the open on 30-Nov-18 was $0.198 but as the session wore on, the stock receded, closing with a fall of -1.21%. Its shares recently got a closing price of $0.19 per share.

WWR Is -6.42% Away From SMA20

The shares of the company (WWR) staged the smart recovery as has roared back some 24.16% after stumbling to its new 52-weeks low. The share price volatility of the stock remained at 13.76% for the week and by reducing the timeframe to just a week, the volatility stood at 12.98%. As for the shares, it has gone below the 20 days moving average and is now hovering within a distance of -6.42%. Currently the price is sitting at -8.02% lower than its 50 days moving average. Analyzing the last five market sessions, the stock was able to report 7.2% gains, thus going down by -53.03%, compared with its 200-day moving average of $0.2989. Also, a -81.43% overturn in Westwater Resources, Inc. (WWR) witnessed over the past one year demand tendency to limit losses.

Harmony Gold Mining Company Limited (NYSE:HMY) Has 0 Buy or Better Ratings

Harmony Gold Mining Company Limited (HMY) was also brought into the spotlight with a -$0.04 drop. As the regular session came to an end, the price changed by -2.6% to $1.5. The trading of the day started with the price of the stock at $1.52. However, at one point, in the middle of the day, the price touched a high of $1.53 before it finally returned some of the gains. Analyzing HMY this week, analysts seem to be content with keeping to their bleak forecast call at 3. Harmony Gold Mining Company Limited analysts gave 0 buy-equivalent recommendations, 0 sells and 1 holds. This company shares tumbled -40.71% from their most recent record high of $2.53 and now hold $835.2 million in market value of equity.

Harmony Gold Mining Company Limited Underpriced by 138.67%

HMY’s mean recommendation on Reuter’s scale has so far not been altered from 3 thirty days ago to 3 now. This is an indication of a hold consensus from the analysts’ society. They expect that Harmony Gold Mining Company Limited (HMY) price will be reaching a mean target of $2.3 a share. This implies that they believe the stock has what it takes to lift the price another 53.33%. The recent close goes a long way in suggesting that the stock price is being underpriced by a 138.67% compared to the most bullish target.

Harmony Gold Mining Company Limited (HMY) Returns -19.79% This Year

The company during the last trade was able to reach a volume of 1.87 million shares. That activity is comparable to their recent volume average trend of nearly 3.08 million shares which they recorded over a period of three months. The stock price volatility for last week at the close of regular trading was 4.28%, pushing the figure for the whole month to now reaching 4.36%. Harmony Gold Mining Company Limited price was kept to a minimum $1.49 in intra-day trade and has returned -19.79% this year alone. At a certain point in the past four quarters, the shares traded as low as $1.42 but made a 5.26% recovery since then.