Harmony Gold Mining Company Limited (NYSE:HMY) currently has a daily average trading volume of 4.74M but it saw 2398333 shares traded on Thursday. With a market cap of 2.90B USD, stock’s current market price of $4.58 came falling about -2.14 while comparing to the previous closing price of $4.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.43 and as low as $1.93. In the recent trading on the day, stock has struck highest price mark of $4.64 while lowest mark touched by it was $4.54.
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Taking a look at 20-day trading activity of Harmony Gold Mining Company Limited (HMY) gives us an average price of $4.93, while its current price level is -15.65% below from 52-week high level whereas it is 136.69% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.53 while that of 200 days or SMA-200 reads an average of $3.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.64% during that period while stretching the period over a month that increases to 3.49%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.75 which implies that the stock is in neutral territory.
Harmony Gold Mining Company Limited (HMY)’s stock is currently under the radar of 8 analysts who are in consensus at a 12-month price target range of between $2.61 and $4.98 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $2.61 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $4.98. Average price target assigned by them is $4.01 which highlights a downside potential of -14.21% for the stock over that period. And to attain the median price target of $4.11 assigned by those analysts, stock has to subtract about -11.44% of value to its current levels.
Data by FactSet Research shows that 8 analysts have issued their ratings for the stock. 2 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 3 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Underweight for the stock and that issued by Wall Street to investors is Hold.
Over the week, HMY’s stock price is moving -5.18% down while it is 2.00% when we observe its performance for the past one month. Year-to-date it is 34.71% up and over the past year, the stock is showing an upside performance of 24.80%.
The company is expected to be releasing its next quarterly report in 08/30/2023, for which analysts forecasted an EPS of $0 while estimate for next year EPS is $0.
Currently, Harmony Gold Mining Company Limited’s total number of outstanding shares is 617.00M with 0.00% of that held by the insiders while 33.73% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -2.10% and return on equity (ROE) at -1.90%. Stock’s beta reads 1.40. Stock has a price to book (P/B) ratio of 1.72 while price to sale or P/S ratio amounts to 1.27. Its return on asset (ROA) is -1.20% on average.
A filing at the U.S. Securities and Exchange Commission revealed that VanEck Gold Miners ETF came shrinking its share ownership by 0.13% in the Harmony Gold Mining Company Limited (HMY) increasing its stake to 5.67% with control over 46728.0 shares in the company. In the most recent quarter, Bakersteel Global Funds SICAV – P came rising its stake by 15.18% in the company and now holds 9.6 million or 1.55% of the company’s stake having worth of about 44.25 million.
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