Harmony Gold Mining Co Ltd ADR (NYSE: HMY) is 43.25% higher on its value in year-to-date trading and has touched a low of $5.11 and a high of $12.29 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HMY stock was last observed hovering at around $9.03 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $8.81, the stock is -17.81% and -14.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.62 million and changing -2.44% at the moment leaves the stock -2.13% off its SMA200. HMY registered 62.85% gain for a year compared to 6-month gain of -5.78%. The firm has a 50-day simple moving average (SMA 50) of $10.279 and a 200-day simple moving average (SMA200) of $9.00145.
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The stock witnessed a -16.73% loss in the last 1 month and extending the period to 3 months gives it a -17.28%, and is -15.77% 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 4.78% over the week and 3.62% over the month.
Harmony Gold Mining Co Ltd ADR (HMY) has around 34715 employees, a market worth around $5.59B and $3.35B in sales. Current P/E ratio is 12.09 and Fwd P/E is 5.82. Profit margin for the company is 13.71%. Distance from 52-week low is 72.41% and -28.32% from its 52-week high. The company has generated returns on investments over the last 12 months (19.58%).
The EPS is expected to grow by 35.04% this year
The shares outstanding are 634.72M, and float is at 634.62M with Short Float at 1.08%.
The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 66.69 million shares valued at $611.53 million. The investor’s holdings represent 10.7736 of the HMY Shares outstanding. As of 2024-06-30, the second largest holder is EXOR CAPITAL LLP with 21.98 million shares valued at $201.57 million to account for 3.5511 of the shares outstanding. The other top investors are POLUNIN CAPITAL PARTNERS LTD which holds 10.94 million shares representing 1.7677 and valued at over $100.34 million, while TOROSO INVESTMENTS, LLC holds 1.2831 of the shares totaling 7.94 million with a market value of $72.83 million.
