NYSE:HMY

Harmony Gold Mining - HMY Stock Forecast, Price & News

$3.57

0.00 (0.00%)

(As of 11/25/2022 12:00 AM ET)

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Today's Range: $3.56
▼
$3.65
50-Day Range: $2.00
▼
$3.57
52-Week Range: $1.93
▼
$5.50

Volume: 2.49 million shs
Average Volume: 4.67 million shs
Market Capitalization: $2.21 billion

P/E Ratio: N/A
Dividend Yield: 0.55%
Price Target: $4.00

Harmony Gold Mining MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 12.0% Upside
$4.00 Price Target
Short Interest: Healthy
2.41% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.34
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 74.42%
From $0.43 to $0.75 Per Share

Overall MarketRank^™

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

2.03 out of 5 stars

Basic Materials Sector

106th out of 166 stocks

Gold & Silver Ores Industry

18th out of 36 stocks

2.0

Analyst's Opinion

Consensus Rating
Harmony Gold Mining has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $4.00, Harmony Gold Mining has a forecasted upside of 12.0% from its current price of $3.57.
Amount of Analyst Coverage
Harmony Gold Mining has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.41% of the float of Harmony Gold Mining has been sold short.
Short Interest Ratio / Days to Cover
Harmony Gold Mining has a short interest ratio ("days to cover") of 2.4, 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 decreased by 14.63%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
Harmony Gold Mining has a dividend yield of 0.55%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Harmony Gold Mining does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Harmony Gold Mining will have a dividend payout ratio of 2.67% 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.

1.9

News and Social Media Coverage

News Sentiment
Harmony Gold Mining has a news sentiment score of 0.34. 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 2 news articles for Harmony Gold Mining this week, compared to 0 articles on an average week.
MarketBeat Follows
Only 4 people have added Harmony Gold Mining to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% 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 27.46% 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 74.42% in the coming year, from $0.43 to $0.75 per share.
Price to Book Value per Share Ratio
Harmony Gold Mining has a P/B Ratio of 1.11. 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.

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HMY Stock News Headlines

November 24, 2022 | americanbankingnews.com

Harmony Gold Mining (NYSE:HMY) Trading Up 4.7%

November 21, 2022 | americanbankingnews.com

StockNews.com Lowers Harmony Gold Mining (NYSE:HMY) to Sell

November 18, 2022 | americanbankingnews.com

Harmony Gold Mining (NYSE:HMY) Stock Price Up 2.3%

October 12, 2022 | seekingalpha.com

Harmony Gold: Acquisition Of A Copper/Gold Project In Australia Makes Sense

October 6, 2022 | seekingalpha.com

Harmony Gold buys Eva copper project in Australia for up to $230M

October 6, 2022 | finance.yahoo.com

Copper Mountain Mining Announces Agreement to Sell the Eva Copper Project and the Australian Exploration Tenements for Total Consideration of up to US$230 Million

September 21, 2022 | thestreet.com

Harmony Gold Mining (HMY) Stock Tumbling Today Along With Gold Prices

September 6, 2022 | finance.yahoo.com

Here's Why Harmony Gold (HMY) is Poised for a Turnaround After Losing 29.6% in 4 Weeks

August 31, 2022 | finance.yahoo.com

Harmony's (HMY) Earnings Down, Revenues Increase Y/Y in FY22

August 24, 2022 | seekingalpha.com

Harmony Gold suspends Tshepong project, warns full-year profit cut in half

August 24, 2022 | marketwatch.com

HARMONY GOLD MINING COMPANY LIMITED Sees FY22 Earnings Below FY21

May 19, 2022 | nasdaq.com

Interesting HMY Put And Call Options For July 15th

May 18, 2022 | nasdaq.com

Harmony Gold Mining Stock Getting Very Oversold

May 9, 2022 | seekingalpha.com

Four miners killed at Harmony Gold mine in South Africa

May 1, 2022 | money.usnews.com

Harmony Gold Mining Co Ltd - ADR

April 25, 2022 | nasdaq.com

Shares of HMY Now Oversold

April 14, 2022 | finance.yahoo.com

7 Gold Penny Stocks Set to Shine

April 6, 2022 | seekingalpha.com

Harmony Gold Mining goes ex-dividend tomorrow

April 6, 2022 | proactiveinvestors.com

Kainantu Resources announces acquisition of Kili Teke gold-copper project in PNG from Harmony Gold

April 4, 2022 | benzinga.com

JP Morgan Maintains Neutral on Harmony Gold Mining Co, Lowers Price Target to $4

April 2, 2022 | finance.yahoo.com

Do Institutions Own Harmoney Corp Limited (ASX:HMY) Shares?

March 1, 2022 | finance.yahoo.com

Harmony's (HMY) Earnings Down, Revenues Increase Y/Y in 1H22

March 1, 2022 | finance.yahoo.com

Why Harmony Gold Mining, Endeavor Silver, and Pan American Silver All Jumped More Than 10% Today

February 28, 2022 | seekingalpha.com

Harmony Gold's H1 profit plunges but shares rise as gold price climbs

January 26, 2022 | seekingalpha.com

Harmony Gold cuts production view on geotechnical problems at Papua mine

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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HMY Company Calendar

Last Earnings: 5/06/2014
Ex-Dividend for 10/24 Dividend: 10/13/2022
Dividend Payable: 10/24/2022
Today: 11/26/2022
Fiscal Year End: 6/30/2023

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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

Price Target and Rating

Average Stock Price Forecast: $4.00
High Stock Price Forecast: $4.00
Low Stock Price Forecast: $4.00
Forecasted Upside/Downside: +12.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 3 Analysts

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: 0.11
Current Ratio: 1.51
Quick Ratio: 0.94

Sales & Book Value

Annual Sales: $2.81 billion
Price / Sales: 0.79
Cash Flow: $0.72 per share
Price / Cash Flow: 4.96
Book Value: $3.21 per share
Price / Book: 1.11

Miscellaneous

Outstanding Shares: 618,070,000
Free Float: 519,057,000
Market Cap: $2.21 billion
Optionable: Optionable
Beta: 1.18

Key Executives

Mr. Peter William Steenkamp (Age 62)
CEO & Exec. Director
Comp: $1.02M

Ms. Boipelo Pride Lekubo BComm (Age 39)
BComm (UCT), CA(SA), Financial Director & Exec. Director
Comp: $647.55k

Mr. Anton Z. Buthelezi BTech (Age 57)
Sr. Exec. of Human Capital
Comp: $258.96k

Mr. Johannes J. van Heerden CA (SA) (Age 49)
CEO of South-East Asia & COO of New Bus. Devel.
Comp: $694.7k

Mr. Harry Ephraim Mashego B.A. Ed. (Age 57)
B.A. (Hons.), G.E.D.P., J.M.D., P., Exec. Director of Stakeholder Relations & Corp. Affairs and Exec. Director
Comp: $516.12k

Ms. Melanie Naidoo-Vermaak BSc (Age 47)
MBA, MSc, Sr. Exec. of Sustainable Devel.
Comp: $263.05k

Mr. Beyers B. Nel BEng (Age 44)
BSc, MBA, Chief Operating Officer of South Africa Operations & Projects
Comp: $566.68k

Ms. Marian P. Van Der Walt B.Com. (Law) (Age 48)
L.L.B., M.B.A., Sr. Exec. of Enterprise & Investor Relations
Comp: $479.78k

Siphamandla Mthethwa
Exec. Head of Technical & Engineering

Jared Coetzer
Head of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
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 twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HMY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HMY, but not buy additional shares or sell existing shares.
View HMY analyst ratings or view top-rated stocks.
What is Harmony Gold Mining's stock price forecast for 2023?: 3 analysts have issued 1 year target prices for Harmony Gold Mining's shares. Their HMY share price forecasts range from $4.00 to $4.00. On average, they predict the company's stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price.
View analysts price targets for HMY or view top-rated stocks among Wall Street analysts.
How have HMY shares performed in 2022?: Harmony Gold Mining's stock was trading at $4.11 on January 1st, 2022. Since then, HMY shares have decreased by 13.1% and is now trading at $3.57.
View the best growth stocks for 2022 here.
Are investors shorting Harmony Gold Mining?: Harmony Gold Mining saw a decline in short interest during the month of October. As of October 31st, there was short interest totaling 14,760,000 shares, a decline of 14.6% from the October 15th total of 17,290,000 shares. Based on an average trading volume of 6,250,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 2.4% of the company's shares are sold short.
View Harmony Gold Mining's Short Interest.
How were Harmony Gold Mining's earnings last quarter?: Harmony Gold Mining Company Limited (NYSE:HMY) announced its earnings results on Tuesday, May, 6th. The mining company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.06. The mining company earned $354 million during 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, September 8th. Investors of record on Friday, October 14th will be paid a dividend of $0.01 per share on Monday, October 24th. This represents a yield of 1.2%. The ex-dividend date of this dividend is Thursday, October 13th.
Read our dividend analysis for HMY.
Is Harmony Gold Mining a good dividend stock?: Harmony Gold Mining (NYSE:HMY) pays an annual dividend of $0.02 per share and currently has a dividend yield of 0.55%.
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), 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 a number of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (9.34%), Exor Capital LLP (4.31%), Kopernik Global Investors LLC (4.17%), Polunin Capital Partners Ltd (1.44%), Dimensional Fund Advisors LP (1.19%) and ETF Managers Group LLC (1.18%).
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 $3.57.
How much money does Harmony Gold Mining make?: Harmony Gold Mining (NYSE:HMY) has a market capitalization of $2.21 billion and generates $2.81 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 11/27/2022 by MarketBeat.com Staff

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