In yesterday’s Wall Street session, Harmony Gold Mining Company Limited (NYSE:HMY) shares traded at $3.52, down -1.95% from the previous session.
As of this writing, 8 analysts cover Harmony Gold Mining Company Limited (NYSE:HMY). The consensus rating among analysts is ‘Underweight’. As we calculate the median target price by taking the range between a high of $4.36 and a low of $2.20, we find $3.51. Given the previous closing price of $3.59, this indicates a potential downside of -2.23 percent. HMY stock price is now -1.47% away from the 50-day moving average and 7.12% away from the 200-day moving average. The market capitalization of the company currently stands at $2.33B.
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There are 1 analysts who have given it a hold rating, whereas 1 have given it a buy rating. Brokers who have rated the stock have averaged $3.34 as their price target over the next twelve months.
, while ‘JP Morgan’ rates the stock as ‘Overweight’.
A total of 15.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in HMY stock. A new stake in Harmony Gold Mining Company Limited shares was purchased by NATIONAL BANK OF CANADA /FI/ during the first quarter worth $3,651,000. ACADIAN ASSET MANAGEMENT LLC invested $1,321,000 in shares of HMY during the first quarter. In the first quarter, OLD MISSION CAPITAL, LLC acquired a new stake in Harmony Gold Mining Company Limited valued at approximately $801,000. SIGMA PLANNING CORP acquired a new stake in HMY for approximately $651,000. TWO SIGMA SECURITIES, LLC purchased a new stake in HMY valued at around $589,000 in the second quarter. In total, there are 156 active investors with 36.00% ownership of the company’s stock.
Monday morning saw Harmony Gold Mining Company Limited (NYSE: HMY) opened at $3.5900. During the past 12 months, Harmony Gold Mining Company Limited has had a low of $1.93 and a high of $5.50. As of last week, the company has a debt-to-equity ratio of 0.11, a current ratio of 1.50, and a quick ratio of 0.90. The fifty day moving average price for HMY is $3.5724 and a two-hundred day moving average price translates $3.2861 for the stock.
The latest earnings results from Harmony Gold Mining Company Limited (NYSE: HMY) was released for Jun, 2022. The net profit margin was -2.50% and return on equity was -3.40% for HMY.
Moreover, the firm recently paid out its quarterly dividend on 10/24/2022. Investors who held shares on 10/14/2022 were paid a $0.012695 dividend. On an annualized basis, this represents a $0.04 dividend and a 1.14% percent yield. There was an ex-dividend date of 10/13/2022 for this dividend.
Harmony Gold Mining Company Limited(HMY) Company Profile
Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. It also explores for uranium, silver, copper, and molybdenum deposits. The company has nine underground operations in the Witwatersrand Basin; an open-pit mine on the Kraaipan Greenstone Belt; and various surface treatment operations in South Africa. It also owns interests in the Hidden Valley, an open-pit gold and silver mine; and Wafi-Golpu, a project in Morobe Province in Papua New Guinea. The company was incorporated in 1950 and is headquartered in Randfontein, South Africa.
