Let’s Dive Into The Harmony Gold Mining Co Ltd ADR (NYSE: HMY) Stock Forecast.

In the latest trading session, 0.95 million Harmony Gold Mining Co Ltd ADR (NYSE:HMY) shares changed hands as the company’s beta touched 1.81. With the company’s most recent per share price at $8.44 changed hands at -$0.35 or -3.92% at last look, the market valuation stands at $5.34B. HMY’s current price is a discount, trading about -34.72% off its 52-week high of $11.37. The share price had its 52-week low at $3.51, which suggests the last value was 58.41% up since then. When we look at Harmony Gold Mining Co Ltd ADR’s average trading volume, we note the 10-day average is 4.89 million shares, with the 3-month average coming to 4.18 million.

Harmony Gold Mining Co Ltd ADR (NYSE:HMY) trade information

Instantly HMY was in red as seen in intraday trades today. With action -6.37%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 37.32%, with the 5-day performance at -6.37% in the red. However, in the 30-day time frame, Harmony Gold Mining Co Ltd ADR (NYSE:HMY) is -12.49% down. Looking at the short shares, we see there were 8.43 million shares sold at short interest cover period of 1.84 days.

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Harmony Gold Mining Co Ltd ADR (HMY) estimates and forecasts

Data shows that the Harmony Gold Mining Co Ltd ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 8.83% over the past 6 months, a 42.86% in annual growth rate that is considerably higher than the industry average of 21.60%.

The 2024 estimates are for Harmony Gold Mining Co Ltd ADR earnings to increase by 20.64%, but the outlook for the next 5-year period is at 0.00% per year.

HMY Dividends

Harmony Gold Mining Co Ltd ADR is expected to release its next quarterly earnings report in October. The 1.39% annual yield figure for the share gives it an annual dividend of 0.12. It is important to note, however, that the 1.39% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.41 per year.

Harmony Gold Mining Co Ltd ADR (NYSE:HMY)’s Major holders

EXOR CAPITAL LLP holds the second largest percentage of outstanding shares, with 3.5511% or 21.98 million shares worth $201.57 million as of 2024-06-30.

Among Mutual Funds, the top two as of Jul 31, 2024 were VanEck ETF Trust-VanEck Junior Gold Miners ETF and VanEck ETF Trust-VanEck Gold Miners ETF. With 32.08 shares estimated at $271.84 million under it, the former controlled 5.07% of total outstanding shares. On the other hand, VanEck ETF Trust-VanEck Gold Miners ETF held about 4.50% of the shares, roughly 28.44 shares worth around $241.03 million.