During the last session, Harmony Gold Mining Company Limited (NYSE:HMY)’s traded shares were 9.75 million, with the beta value of the company hitting 1.38. At the end of the trading day, the stock’s price was $5.18, reflecting an intraday gain of 3.81% or $0.19. The 52-week high for the HMY share is $5.07, that puts it up 2.12 from that peak though still a striking 62.74% gain since the share price plummeted to a 52-week low of $1.93. The company’s market capitalization is $3.23B, and the average intraday trading volume over the past 10 days was 4.63 million shares, and the average trade volume was 4.29 million shares over the past three months.

Harmony Gold Mining Company Limited (HMY) received a consensus recommendation of an Underweight from analysts. That translates to a mean rating of 3.50. HMY has a Sell rating from 2 analyst(s) out of 8 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 2 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.

Harmony Gold Mining Company Limited (NYSE:HMY) trade information

Harmony Gold Mining Company Limited (HMY) registered a 3.81% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.81% in intraday trading to $5.18 this Thursday, 05/04/23, hitting a weekly high. The stock’s 5-day price performance is 13.35%, and it has moved by 19.08% in 30 days. Based on these gigs, the overall price performance for the year is 23.92%. The short interest in Harmony Gold Mining Company Limited (NYSE:HMY) is 4.93 million shares and it means that shorts have 0.93 day(s) to cover.

The consensus price target of analysts on Wall Street is $4.05, which implies a decrease of -27.9% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.61 and $5.14 respectively. As a result, HMY is trading at a premium of 0.77% off the target high and 49.61% off the low.

Harmony Gold Mining Company Limited (HMY) estimates and forecasts

Statistics show that Harmony Gold Mining Company Limited has underperformed its competitors in share price, compared to the industry in which it operates. Harmony Gold Mining Company Limited (HMY) shares have gone up 76.79% during the last six months, with a year-to-date growth rate less than the industry average at 15.15% against 21.50.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -33.10%. While earnings are projected to return -120.80% in 2023, the next five years will return 0.00% per annum.

HMY Dividends

Harmony Gold Mining Company Limited is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Harmony Gold Mining Company Limited is 0.04, with the dividend yield indicating at 0.77 percent, continuing the trend of increasing dividends in recent years.

Harmony Gold Mining Company Limited (NYSE:HMY)’s Major holders

Harmony Gold Mining Company Limited insiders own 0.00% of total outstanding shares while institutional holders control 33.73%, with the float percentage being 33.73%. Van Eck Associates Corporation is the largest shareholder of the company, while 162 institutions own stock in it. As of Dec 30, 2022, the company held over 58.46 million shares (or 9.46% of all shares), a total value of $198.76 million in shares.

The next largest institutional holding, with 29.74 million shares, is of Exor Capital LLP’s that is approximately 4.81% of outstanding shares. At the market price on Dec 30, 2022, these shares were valued at $101.13 million.

Also, the Mutual Funds coming in first place with the largest holdings of Harmony Gold Mining Company Limited (HMY) shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. Data provided on Mar 30, 2023 indicates that VanEck ETF Trust-VanEck Gold Miners ETF owns about 36.2 million shares. This amounts to just over 5.86 percent of the company’s overall shares, with a $148.44 million market value. The same data shows that the other fund manager holds slightly less at 17.15 million, or about 2.77% of the stock, which is worth about $70.31 million.

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