NYSE:HMY

Harmony Gold Mining (HMY) Stock Forecast, Price & News

$4.14

-0.15 (-3.49%)

(As of 09/25/2023 ET)

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Today's Range: $4.06
▼
$4.36
50-Day Range: $3.51
▼
$4.63
52-Week Range: $1.97
▼
$5.43

Volume: 4.48 million shs
Average Volume: 3.76 million shs
Market Capitalization: $2.56 billion

P/E Ratio: N/A
Dividend Yield: 0.24%
Price Target: N/A

Harmony Gold Mining MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.83% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 22.50%
From $0.80 to $0.98 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.83 out of 5 stars

Basic Materials Sector

120th out of 164 stocks

Gold & Silver Ores Industry

26th out of 36 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Harmony Gold Mining.

3.0

Short Interest

Percentage of Shares Shorted
0.83% of the outstanding shares of Harmony Gold Mining have been sold short.
Short Interest Ratio / Days to Cover
Harmony Gold Mining has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Harmony Gold Mining has recently increased by 0.79%, indicating that investor sentiment is decreasing.

0.8

Dividend Strength

Dividend Yield
Harmony Gold Mining has a dividend yield of 0.23%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Harmony Gold Mining has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, Harmony Gold Mining will have a dividend payout ratio of 1.02% next year. This indicates that Harmony Gold Mining will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HMY.

2.5

News and Social Media Coverage

News Sentiment
Harmony Gold Mining has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Harmony Gold Mining this week, compared to 1 article on an average week.
Search Interest
3 people have searched for HMY on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
4 people have added Harmony Gold Mining to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Harmony Gold Mining insiders have not sold or bought any company stock.
Percentage Held by Insiders
16.02% of the stock of Harmony Gold Mining is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 28.33% of the stock of Harmony Gold Mining is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Harmony Gold Mining are expected to grow by 22.50% in the coming year, from $0.80 to $0.98 per share.
Price to Book Value per Share Ratio
Harmony Gold Mining has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Harmony Gold Mining (NYSE:HMY) Stock

Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. The company also explores for uranium, silver, copper, and molybdenum deposits. It has eight underground operations in the Witwatersrand Basin; an open-pit mine on the Kraaipan Greenstone Belt; and various surface source operations in South Africa. The company also owns interests in the Hidden Valley, an open-pit gold and silver mine; and the Wafi-Golpu project located in Morobe Province in Papua New Guinea. Harmony Gold Mining Company Limited was incorporated in 1950 and is headquartered in Randfontein, South Africa.

HMY Price History

30 days | 90 days | 365 days | Advanced Chart

HMY Stock News Headlines

September 20, 2023 | seekingalpha.com

Harmony Gold: Expect Moderate Growth In 2024

September 18, 2023 | msn.com

Harmony Gold: I Find The Stock Attractive

September 25, 2023 | Weiss Ratings (Ad)

Overlooked AI Stock Gets Urgent "Buy"

We issued our first "Buy" rating on Apple when it traded at the equivalent of 56 cents per share. It's up 32,571% since. And while Nvidia is up 3x this year… We called it back in 2011. And it has surged 97x (9,624% to be exact) since then. Now, our Weiss Ratings has issued a "Buy" on a stock that's leading the AI revolution in one of the most profitable industries.

September 17, 2023 | americanbankingnews.com

Harmony Gold Mining (NYSE:HMY) Stock Price Up 3.3%

September 15, 2023 | americanbankingnews.com

Harmony Gold Mining (NYSE:HMY) Rating Lowered to Buy at StockNews.com

September 13, 2023 | finance.yahoo.com

South Africa's top gold miner weighs CEO succession amid tilt to copper

September 6, 2023 | reuters.com

S.Africa's Harmony Gold reports two fatalities at Kusasalethu mine

September 1, 2023 | finance.yahoo.com

Harmony Gold Mining Full Year 2023 Earnings: EPS: R7.80 (vs R1.72 loss in FY 2022)

September 25, 2023 | Weiss Ratings (Ad)

Overlooked AI Stock Gets Urgent "Buy"

August 31, 2023 | finance.yahoo.com

Harmony's (HMY) Earnings Increase, Revenues Down Y/Y in FY23

August 30, 2023 | reuters.com

South Africa's top gold miner Harmony returns to profit as output rises

August 30, 2023 | finance.yahoo.com

Harmony Gold Mining Swung to Profit

August 25, 2023 | finance.yahoo.com

Why Harmony Gold, Sibanye Stillwater, and DRDGOLD Stocks Surged This Week

August 23, 2023 | finance.yahoo.com

Why Harmony Gold Stock Hit a High Note Today

August 13, 2023 | finance.yahoo.com

11 Best Gold Penny Stocks to Buy Now

July 28, 2023 | finance.yahoo.com

Are Options Traders Betting on a Big Move in Harmony Gold (HMY) Stock?

July 10, 2023 | seekingalpha.com

Harmony Gold Mining: Looks Attractive Below $4

June 22, 2023 | msn.com

Harmony Gold expects to meet full-year production, cost guidance

June 16, 2023 | msn.com

Time to Buy These Cheap Stocks for Growth Potential?

June 14, 2023 | finance.yahoo.com

What Makes Harmony Gold (HMY) a New Buy Stock

June 4, 2023 | fool.com

Harmony Gold Mining (NYSE: HMY)

May 26, 2023 | seekingalpha.com

HMY Harmony Gold Mining Company Limited

May 16, 2023 | finance.yahoo.com

Harmony Gold Mining Company Limited to present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on 17 May 2023

May 10, 2023 | marketwatch.com

Harmony Gold Nine-Month Revenue Rose, Backs FY 2023 Views

May 4, 2023 | finance.yahoo.com

Harmony Gold Mining Company Limited's (JSE:HAR) large institutional owners must be happy as stock continues to impress, up 9.2% over the past week

April 29, 2023 | seekingalpha.com

If Gold Turns Bearish, Harmony Gold Mining Could Fall Sharply

March 25, 2023 | finance.yahoo.com

Why Shares of Equinox Gold, Gold Fields, and Harmony Gold Are Soaring This Week

See More Headlines

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HMY Company Calendar

Last Earnings: 5/06/2014
Today: 9/25/2023
Ex-Dividend for 10/23 Dividend: 10/12/2023
Dividend Payable: 10/23/2023
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Gold & silver ores
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:HMY
CUSIP: N/A
CIK: 1023514
Web: www.harmony.co.za
Phone: (711) 411-2000
Fax: 27-11-692-3879
Employees: 37,609
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.16
Current Ratio: 1.26
Quick Ratio: 0.79

Sales & Book Value

Annual Sales: $2.78 billion
Price / Sales: 0.92
Cash Flow: $0.88 per share
Price / Cash Flow: 4.73
Book Value: $3.18 per share
Price / Book: 1.30

Miscellaneous

Outstanding Shares: 618,070,000
Free Float: 519,057,000
Market Cap: $2.56 billion
Optionable: Optionable
Beta: 1.34

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Key Executives

Mr. Peter William Steenkamp (Age 63)
CEO & Exec. Director
Comp: $930.47k

Ms. Boipelo Pride Lekubo BComm (Age 40)
BComm (UCT), CA(SA), Financial Director & Exec. Director
Comp: $590k

Mr. Beyers B. Nel BEng (Age 45)
BSc, MBA, Group Chief Operating Officer of Operations
Comp: $516.32k

Mr. Anton Z. Buthelezi BTech (Age 58)
Sr. Exec. of Human Capital
Comp: $235.95k

Mr. Johannes J. van Heerden CA (SA) (Age 50)
Group COO of Bus. Devel. & Growth
Comp: $632.96k

Mr. Harry Ephraim Mashego B.A. Ed. (Age 58)
B.A. (Hons.), G.E.D.P., J.M.D., P., Exec. Director of Stakeholder Relations & Corp. Affairs and Exec. Director
Comp: $470.25k

Ms. Melanie Naidoo-Vermaak BSc (Age 48)
MBA, MSc, Sr. Exec. of Sustainable Devel.
Comp: $239.68k

Ms. Marian P. Van Der Walt B.Com. (Law) (Age 49)
L.L.B., M.B.A., Sr. Exec. of Enterprise & Investor Relations
Comp: $437.14k

Siphamandla Mthethwa
Exec. Head of Technical & Engineering

Jared Coetzer
Head of Investor Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

HMY Stock - Frequently Asked Questions

Should I buy or sell Harmony Gold Mining stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Harmony Gold Mining in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" HMY shares.
View HMY analyst ratings or view top-rated stocks.
How have HMY shares performed in 2023?: Harmony Gold Mining's stock was trading at $3.40 on January 1st, 2023. Since then, HMY shares have increased by 21.8% and is now trading at $4.14.
View the best growth stocks for 2023 here.
Are investors shorting Harmony Gold Mining?: Harmony Gold Mining saw a decline in short interest in August. As of August 15th, there was short interest totaling 5,070,000 shares, a decline of 5.1% from the July 31st total of 5,340,000 shares. Based on an average trading volume of 3,200,000 shares, the short-interest ratio is currently 1.6 days.
View Harmony Gold Mining's Short Interest.
How were Harmony Gold Mining's earnings last quarter?: Harmony Gold Mining Company Limited (NYSE:HMY) posted its quarterly earnings results on Tuesday, May, 6th. The mining company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.07 by $0.06. The mining company had revenue of $354 million for the quarter.
How often does Harmony Gold Mining pay dividends? What is the dividend yield for Harmony Gold Mining?: Harmony Gold Mining announced a Semi-Annual dividend on Thursday, August 31st. Stockholders of record on Friday, October 13th will be given a dividend of $0.032 per share on Monday, October 23rd. This represents a yield of 0.8%. The ex-dividend date is Thursday, October 12th. This is a boost from the stock's previous Semi-Annual dividend of $0.01.
Read our dividend analysis for HMY.
Is Harmony Gold Mining a good dividend stock?: Harmony Gold Mining (NYSE:HMY) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.23%.
Read our dividend analysis for HMY.
What is Graham Briggs' approval rating as Harmony Gold Mining's CEO?: 6 employees have rated Harmony Gold Mining Chief Executive Officer Graham Briggs on Glassdoor.com. Graham Briggs has an approval rating of 100% among the company's employees. This puts Graham Briggs in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Harmony Gold Mining own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Harmony Gold Mining investors own include KAZ Minerals (KAZ), Yamana Gold (AUY), Barrick Gold (GOLD), Petra Diamonds (PDL), Kinross Gold (KGC), Hecla Mining (HL), IAMGOLD (IAG), Eldorado Gold (EGO), AngloGold Ashanti (AU) and Coeur Mining (CDE).
What is Harmony Gold Mining's stock symbol?: Harmony Gold Mining trades on the New York Stock Exchange (NYSE) under the ticker symbol "HMY."
Who are Harmony Gold Mining's major shareholders?: Harmony Gold Mining's stock is owned by many different retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (8.62%), Lingotto Investment Management LLP (4.01%), Kopernik Global Investors LLC (2.52%), Polunin Capital Partners Ltd (1.70%), Dimensional Fund Advisors LP (1.26%) and BlackRock Inc. (1.07%).
How do I buy shares of Harmony Gold Mining?: Shares of HMY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Harmony Gold Mining's stock price today?: One share of HMY stock can currently be purchased for approximately $4.14.
How much money does Harmony Gold Mining make?: Harmony Gold Mining (NYSE:HMY) has a market capitalization of $2.56 billion and generates $2.78 billion in revenue each year.
How many employees does Harmony Gold Mining have?: The company employs 37,609 workers across the globe.
How can I contact Harmony Gold Mining?: Harmony Gold Mining's mailing address is RANDFONTEIN OFFICE PARK CAR MAIN REEF ROAD AND WARD AVENUE, RANDFONTEIN T3, 1760. The official website for the company is www.harmony.co.za. The mining company can be reached via phone at (711) 411-2000, via email at harmonyir@harmony.co.za, or via fax at 27-11-692-3879.

This page (NYSE:HMY) was last updated on 9/25/2023 by MarketBeat.com Staff

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