Harmony Gold Mining Co Ltd ADR (HMY) Analysis & Opinions from Experts

Harmony Gold Mining Co Ltd ADR (NYSE: HMY) is -4.72% lower on its value in year-to-date trading and has touched a low of $2.92 and a high of $6.76 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HMY stock was last observed hovering at around $5.94 in the last trading session, with the day’s loss setting it -0.08%.

Currently trading at $5.86, the stock is -1.88% and -2.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.11 million and changing -1.35% at the moment leaves the stock 20.79% off its SMA200. HMY registered 68.39% gain for a year compared to 6-month gain of 49.49%. The firm has a 50-day simple moving average (SMA 50) of $0.08 and a 200-day simple moving average (SMA200) of $0.35.

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The stock witnessed a 2.99% loss in the last 1 month and extending the period to 3 months gives it a 25.21%, and is -8.29% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.92% over the week and 3.28% over the month.

Harmony Gold Mining Co Ltd ADR (HMY) has around Oct 12 2023 employees, a market worth around $3.63B and $2.78B in sales. Current P/E ratio is 13.48 and Fwd P/E is 6.11. Profit margin for the company is 9.70%. Distance from 52-week low is 100.34% and -13.31% from its 52-week high. The company has generated returns on investments over the last 12 months (12.53%).

Harmony Gold Mining Co Ltd ADR quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 76.23% this year.

Harmony Gold Mining Co Ltd ADR (HMY) Top Institutional Holders

177 institutions hold shares in Harmony Gold Mining Co Ltd ADR (HMY), with institutional investors hold 33.04% of the company’s shares. The shares outstanding are 619.94M, and float is at 619.84M with Short Float at 1.05%. Institutions hold 33.04% of the Float.

The top institutional shareholder in the company is Van Eck Associates Corporation with over 53.25 million shares valued at $223.66 million. The investor’s holdings represent 8.60% of the HMY Shares outstanding. As of Jun 29, 2023, the second largest holder is Lingotto Investment Management Llp with 24.79 million shares valued at $104.13 million to account for 4.00% of the shares outstanding. The other top investors are Kopernik Global Investors, Llc which holds 15.59 million shares representing 2.52% and valued at over $65.48 million, while Polunin Capital Partners Ltd holds 1.70% of the shares totaling 10.53 million with a market value of $44.24 million.

Harmony Gold Mining Co Ltd ADR (HMY): Who are the competitors?

The company’s main competitors (and peers) include Gold Fields Ltd. ADR (GFI) that is trading 28.87% up over the past 12 months. DRDGOLD Ltd. ADR (DRD) that is -0.40% lower over the same period.