Harmony Gold Mining Co Ltd ADR (HMY): Analysts Provide Important Insight

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Harmony Gold Mining Co Ltd ADR (NYSE:HMY) at last check was buoying at $11.36 on current market day with a rise of 4.27% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $10.90 and 5Y monthly beta was reading 1.245 with its price kept floating in the range of $11.1298 and $11.4299 on the day. Company’s P/E ratio for the trailing 12 months is 15.59. Considering stock’s 52-week price range provides that HMY hit a high price of $12.29 and saw its price falling to a low level of $5.41 during that period. Over a period of past 1-month, stock came adding 37.92% in its value.

With its current market valuation of $7.21 billion, Harmony Gold Mining Co Ltd ADR is set to declare its quarterly results in February. HMY Stock’s Forward Dividend of 0.13 and its yield of 1.15% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 1.22 for current year with estimates of that growing to 1.55 in next year.

In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 71.46B in current fiscal year, which will be 16.43% more from revenue generated by the company last year.

In contrast, when we review HMY stock’s current outlook then short term indicators are assigning it an average of 50% Buy, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of 100% Buy for it.

Digging deeper we become aware of the PEG ratio of the HMY stock which is currently positioned at 0.86. It further provides that stock’s current price level is 18.33% away from its 20-day simple moving average and is 23.55% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 75.97 while volatility remained at 3.03% over the past week which changes to 3.18% when measuring it over the past month. Beta is valued at 1.75, while measure of average true range or ATR is currently at 0.41.

Having a second look at Harmony Gold Mining Co Ltd ADR (NYSE:HMY) provides that stock’s average daily trading volume for 3 months was 5.63 million, while it jumped to 7962700 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 634.72 million.

The percentage of outstanding shares held by the insiders is 0.02% while it is 24.36% for the institutional holders. The figures also indicate that as of 2025-01-15, number of stock’s short shares was 10.27 million which implies a short ratio of 1.82. This shows up a 219.00 of Short Interest in company’s outstanding shares on the day. In January the standing of shares short improved as it was 9.46 million in the previous month. Addition of 38.43% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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