Harmony Gold Mining Company Limited (HMY): What The Numbers Tell Us

The stock of Harmony Gold Mining Company Limited (NYSE:HMY) decreased by -$0.01 on Tuesday to finish at $3.51, down -0.28 percent. The last five days have seen an average of 3,099,440 shares of common stock traded. 7 times new highs were reached in the current year, with a gain of $0.11. The average number of shares traded over the last 20 days was 3,481,655, while the average volume over the last 50 days totaled 4,135,884.

HMY stock appreciated 1.45% since last month. On 01/03/23, the company’s shares reached a one-month low of $3.47. The stock touched a high of $5.50 on 01/13/23, after rallying from a low of $1.93 in 52 weeks. The price of HMY stock has risen by 3.24% or $0.11 this year, reaching a new high 7 times. Still, the stock price is down -36.18% from the 52-week high.

Valuation Metrics

Beta for the stock is 1.26. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.93, the price-to-book (PB) ratio of 1.23, and the price-to-cash flow ratio of 142.24.

Company paid $0.01 per share in dividends, a decrease of -61.54% from $0.0260 last year. A $0.0160 dividend decrease was reported on Thursday September 8 2022.

Financial Health

For the recent quarter, Harmony Gold Mining Company Limited’s quick ratio was 0.90, while its current ratio was 1.50, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.11, and the total debt to equity ratio is 0.11. As far as profitability goes, gross margin for the trailing twelve months is 12.20% percent. Harmony Gold Mining Company Limited’s EBITDA margin for the recent year was 28.29%, whereas its operating margin stood at -1.80% for the same period. Based on annual data, it had gross profit of $47.24 million and revenue of $2.81 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. HMY’s return on assets (ROA) during the last 12 months has been -2.10%. There was a -2.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -3.40%.

Technical Picture

Here’s a quick look at Harmony Gold Mining Company Limited’s (HMY) price momentum from a technical perspective. As of 31 January, the RSI 9-day stood at 32.74%, suggesting the stock is Neutral, with a 27.47% historical volatility rate.

The stochastic %K and %D were 8.97% and 17.12% respectively, while the average true range (ATR) was 0.14. Based on the 14-day stochastic reading of 5.93%, the RSI (14) reading is 41.60%. On the 9-day MACD Oscillator, the stock is at -0.17, and the 14-day reading is at -0.24.

Analyst Ratings

Harmony Gold Mining Company Limited (NYSE: HMY) was downgraded by UBS to a a Neutral rating in its latest research report. The stock was previously rated as a a Buy.

nyse
gold