In today’s recent session, 2,096,493 shares of the Harmony Gold Mining Company Limited (NYSE:HMY) have been traded, and its beta is 1.07. Most recently the company’s share price was $4.86, and it changed around -$0.08 or -0.02% from the last close, which brings the market valuation of the company to $2.89 Billion. HMY at last check was trading at a discount to its 52-week high of $7.61, offering almost -56.58% off that amount. The share price’s 52-week low was $2.33, which indicates that the recent value has risen by an impressive 52.06% since then. We note from Harmony Gold Mining Company Limited’s average daily trading volume that its 10-day average is 5.97 Million shares, with the 3-month average coming to 5.64 Million.
Harmony Gold Mining Company Limited stock received a consensus recommendation rating of Overweight, based on a mean score of 4. If we narrow it down even further, the data shows that none out of 9 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 3 recommended HMY as a Hold, whereas 5 deemed it a Buy, and 1 rated it as Underweight. Harmony Gold Mining Company Limited is expected to report earnings per share of $0 for the current quarter.
Harmony Gold Mining Company Limited (NYSE:HMY): Trading Information Today
Although HMY has been showing red trend so far today with a performance of -1.62% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $5.04- on Tuesday, Apr 06 increased the stock’s daily price by 3.67%. The company’s shares are currently up 0.04% year-to-date, but still up 0.1424 over the last five days. On the other hand, Harmony Gold Mining Company Limited (NYSE:HMY) is 0.12% up in the 30-day period. We can see from the shorts that 14.22 Million shares have been sold at a short interest cover period of 2.52 day (s).
The consensus price target as assigned by Wall Street analysts is $5.28, which translates to bears needing to increase their stock price by 8.64% from its current value. Analyst projections state that HMY is forecast to be at a low of $3.89 and a high of $6.85. In order for the stock price to hit the forecast high, the stock would need to surge +40.95% from its current level, while the stock would need to crash -19.96% from its current level to reach the projected low.
Harmony Gold Mining Company Limited (HMY) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 30.9%. Harmony Gold Mining Company Limited earnings are expected to increase by 67% in 2021, but the outlook is negative 0% per year for the next five years.
HMY Dividend Yield
The annual dividend yield of the stock is 1.51 percent and its annual dividend per share was $0.07. It is important to note, however, that the 1.51% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Harmony Gold Mining Company Limited (NYSE:HMY)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 0% of Harmony Gold Mining Company Limited shares, and 27.06% of them are in the hands of institutional investors. The stock currently has a share float of 27.06%. Harmony Gold Mining Company Limited stock is held by 148 institutions, with Van Eck Associates Corporation being the largest institutional investor. By Dec 30, 2020, it held 10.05% of the shares, which is about 61.91 Million shares worth $289.75 Million.
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Exor Investments (UK) LLP, with 1.9% or 11.71 Million shares worth $54.8 Million as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
VanEck Vectors ETF Tr-Gold Miners ETF and VanEck Vectors ETF Tr-Junior Gold Miners ETF were the top two Mutual Funds as of Jan 30, 2021. The former held 35238714 shares worth $156.81 Million, making up 5.72% of all outstanding shares. On the other hand, VanEck Vectors ETF Tr-Junior Gold Miners ETF held roughly 22.21 Million shares worth around $98.85 Million, which represents about 3.61% of the total shares outstanding.