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 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "sell" HMY shares. View HMY analyst ratings or view top-rated stocks .

What is Harmony Gold Mining's stock price target for 2024?

3 Wall Street analysts have issued 1 year target prices for Harmony Gold Mining's shares. Their HMY share price targets range from $4.90 to $4.90. On average, they expect the company's stock price to reach $4.90 in the next year. This suggests that the stock has a possible downside of 46.4%. View analysts price targets for HMY or view top-rated stocks among Wall Street analysts .

How have HMY shares performed in 2024?

Harmony Gold Mining's stock was trading at $6.15 at the beginning of the year. Since then, HMY shares have increased by 48.6% and is now trading at $9.14. View the best growth stocks for 2024 here .

Are investors shorting Harmony Gold Mining?

Harmony Gold Mining saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 10,570,000 shares, an increase of 45.6% from the March 15th total of 7,260,000 shares. Based on an average trading volume of 5,880,000 shares, the short-interest ratio is presently 1.8 days. View Harmony Gold Mining's Short Interest .

How were Harmony Gold Mining's earnings last quarter?

Harmony Gold Mining Company Limited (NYSE:HMY) posted its quarterly earnings results on Tuesday, May, 6th. The mining company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.06. The mining company had revenue of $354 million for 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, March 7th. Shareholders of record on Friday, April 12th will be given a dividend of $0.062 per share on Monday, April 22nd. This represents a yield of 1.2%. The ex-dividend date is Thursday, April 11th. This is a positive change from the stock's previous Semi-Annual dividend of $0.03. Read our dividend analysis for HMY .

Is Harmony Gold Mining a good dividend stock?

Harmony Gold Mining (NYSE:HMY) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.40%. 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) .

Who are Harmony Gold Mining's major shareholders?

Harmony Gold Mining's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Capital Wealth Advisors (0.01%), Shilanski & Associates Inc. (0.00%), Claro Advisors LLC (0.00%), Banque Cantonale Vaudoise (0.00%), Hennion & Walsh Asset Management Inc. (0.00%) and Atlas Capital Advisors LLC (0.00%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:HMY

Harmony Gold Mining (HMY) Stock Price, News & Analysis

→ Biden’s $374B Giveaway Into This Sector (From DTI) (Ad)

Free HMY Stock Alerts

$9.13

+0.05 (+0.55%)

(As of 04/18/2024 ET)

Compare

Today's Range: $8.99
▼
$9.32
50-Day Range: $5.48
▼
$9.24
52-Week Range: $3.41
▼
$9.80

Volume: 5.82 million shs
Average Volume: 5.98 million shs
Market Capitalization: $5.78 billion

P/E Ratio: N/A
Dividend Yield: 1.31%
Price Target: $3.40

Get Harmony Gold Mining alerts:

Harmony Gold Mining MarketRank™ Stock Analysis

Analyst Rating: Sell
1.33 Rating Score
Upside/Downside: 46.4% Downside
$4.90 Price Target
Short Interest: Healthy
1.67% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.26
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 25.00%
From $0.80 to $1.00 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.72 out of 5 stars

Basic Materials Sector

161st out of 173 stocks

Gold & Silver Ores Industry

33rd out of 38 stocks

0.7

Analyst's Opinion

Consensus Rating
Harmony Gold Mining has received a consensus rating of Sell. The company's average rating score is 1.33, and is based on no buy ratings, 1 hold rating, and 2 sell ratings.
Amount of Analyst Coverage
Harmony Gold Mining has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.67% of the outstanding shares of Harmony Gold Mining have been sold short.
Short Interest Ratio / Days to Cover
Harmony Gold Mining has a short interest ratio ("days to cover") of 1.8, 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 increased by 45.59%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Harmony Gold Mining pays a meaningful dividend of 1.40%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Harmony Gold Mining has only been increasing its dividend for 2 years.
Dividend Sustainability
Based on earnings estimates, Harmony Gold Mining will have a dividend payout ratio of 12.00% 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.

2.4

News and Social Media Coverage

News Sentiment
Harmony Gold Mining has a news sentiment score of 0.26. 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 is a lower news sentiment than the 0.39 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Harmony Gold Mining this week, compared to 2 articles on an average week.
Search Interest
Only 6 people have searched for HMY on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
21 people have added Harmony Gold Mining to their MarketBeat watchlist in the last 30 days. This is an increase of 17% 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 31.79% 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 25.00% in the coming year, from $0.80 to $1.00 per share.
Price to Book Value per Share Ratio
Harmony Gold Mining has a P/B Ratio of 2.87. 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

Ad Gold Safe Exchange

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

Click here now to download the free Precious Metals Buying Guide!

About Harmony Gold Mining Stock (NYSE:HMY)

Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. The company 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. In addition, the company 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. Further, it holds interest in Rosby and Eva Copper Project located in Queensland, Australia. Harmony Gold Mining Company Limited was incorporated in 1950 and is headquartered in Randfontein, South Africa.

HMY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HMY Stock News Headlines

April 16, 2024 | investorplace.com

3 Momentum Stocks That Are Seriously Losing Their Mojo. Sell Now?

April 14, 2024 | americanbankingnews.com

Harmony Gold Mining (NYSE:HMY) Stock Price Up 5%

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 14, 2024 | americanbankingnews.com

Harmony Gold Mining (NYSE:HMY) Downgraded to Buy at StockNews.com

April 13, 2024 | americanbankingnews.com

Harmony Gold Mining (NYSE:HMY) Shares Gap Up to $8.78

April 13, 2024 | americanbankingnews.com

Harmony Gold Mining (NYSE:HMY) versus Gatos Silver (NYSE:GATO) Head to Head Survey

April 11, 2024 | americanbankingnews.com

Harmony Gold Mining (NYSE:HMY) Hits New 12-Month High at $9.31

April 10, 2024 | investorplace.com

Digging for Dollars: 3 Mining Stocks with Untapped Potential

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 5, 2024 | investorplace.com

The 3 Most Undervalued Under-$50 Stocks to Buy in April 2024

April 4, 2024 | reuters.com

Harmony Gold agrees five-year wage deal with unions

April 2, 2024 | investorplace.com

Tumultuous 2024: 3 Gold Stocks to Buy for Safe Haven Seekers

March 18, 2024 | investorplace.com

Hot Stocks: The 3 Best Opportunities for Investing in Gold

March 14, 2024 | finance.yahoo.com

Are Basic Materials Stocks Lagging Harmony Gold (HMY) This Year?

March 10, 2024 | cnn.com

Harmony Gold Mining Co. Ltd. Sponsored ADR

March 6, 2024 | investorplace.com

Next-Gen Gold Rush: 3 Mining Stocks That Are Pure Gold

March 1, 2024 | seekingalpha.com

Harmony Gold Mining Company Limited (HMY) Half Year 2023 Earnings Call Transcript

February 28, 2024 | wsj.com

Harmony Gold Mining Co. Ltd. ADR

February 28, 2024 | seekingalpha.com

Harmony Gold Mining Company Limited 2024 Q2 - Results - Earnings Call Presentation

February 28, 2024 | marketwatch.com

Harmony Gold 1H Headline Earnings $317M

February 28, 2024 | reuters.com

South Africa's top gold miner boosts dividend after profit jumps

February 22, 2024 | msn.com

Harmony Gold sees strong gain in half-year earnings with higher production, prices

February 22, 2024 | reuters.com

Gold miner Harmony flags profit leap on higher output and prices

February 21, 2024 | seekingalpha.com

Harmony Gold: Long-Term Growth Prospects, But Valuation Is Not Attractive

February 21, 2024 | seekingalpha.com

Harmony Gold: Bright Outlook And Possible Lower Share Price

February 4, 2024 | finance.yahoo.com

Harmony Gold Mining Company Limited (JSE:HAR) is largely controlled by institutional shareholders who own 55% of the company

February 3, 2024 | finance.yahoo.com

Harmony Gold Mining Company Limited (HMY)

See More Headlines

Receive HMY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Harmony Gold Mining and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 5/06/2014
Ex-Dividend for 4/22 Dividend: 4/11/2024
Today: 4/18/2024
Dividend Payable: 4/22/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSE:HMY
CUSIP: N/A
CIK: 1023514
Web: www.harmony.co.za
Phone: (711) 411-2000
Fax: 27-11-692-3879
Employees: 34,913
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $4.90
High Stock Price Target: $4.90
Low Stock Price Target: $4.90
Potential Upside/Downside: -62.8%
Consensus Rating: Sell
Rating Score (0-4): 1.33
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: 0.08
Current Ratio: 1.62
Quick Ratio: 1.11

Sales & Book Value

Annual Sales: $2.78 billion
Price / Sales: 2.08
Cash Flow: $0.79 per share
Price / Cash Flow: 11.58
Book Value: $3.18 per share
Price / Book: 2.87

Miscellaneous

Outstanding Shares: 632,630,000
Free Float: 531,286,000
Market Cap: $5.78 billion
Optionable: Optionable
Beta: 1.71

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report

Key Executives

Mr. Peter William Steenkamp (Age 64)
CEO & Executive Director
Comp: $328.44k
Ms. Boipelo Pride Lekubo BComm (Age 41)
BComm (UCT), CA(SA), Financial Director & Executive Director
Comp: $280.23k
Mr. Beyers B. Nel BEng (Age 46)
BSc, MBA, Group Chief Operating Officer of Operations
Mr. Anton Z. Buthelezi BTech (Age 59)
Senior Executive of Human Capital
Comp: $162.69k
Mr. Johannes J. van Heerden CA (SA) (Age 51)
Group COO of Business Development & Growth
Comp: $310.15k
Ms. Marian P. Van Der Walt B.Com. (Law) (Age 50)
L.L.B., M.B.A., Senior Executive of Enterprise & Investor Relations
Comp: $158.09k
Siphamandla Mthethwa
Executive Head of Technical & Engineering
Jared Coetzer
Head of Investor Relations
Mr. Harry Ephraim Mashego B.A. Ed. (Age 59)
B.A. (Hons.), G.E.D.P., J.M.D., P., Executive Director of Stakeholder Relations & Corporate Affairs and Executive Director
Comp: $471.65k
Ms. Besky Maluleka-Ngunjiri CCSA (Age 48)
CIA, Chief Audit Executive

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

HMY Stock Analysis - 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 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "sell" HMY shares.
View HMY analyst ratings or view top-rated stocks.
What is Harmony Gold Mining's stock price target for 2024?: 3 Wall Street analysts have issued 1 year target prices for Harmony Gold Mining's shares. Their HMY share price targets range from $4.90 to $4.90. On average, they expect the company's stock price to reach $4.90 in the next year. This suggests that the stock has a possible downside of 46.4%.
View analysts price targets for HMY or view top-rated stocks among Wall Street analysts.
How have HMY shares performed in 2024?: Harmony Gold Mining's stock was trading at $6.15 at the beginning of the year. Since then, HMY shares have increased by 48.6% and is now trading at $9.14.
View the best growth stocks for 2024 here.
Are investors shorting Harmony Gold Mining?: Harmony Gold Mining saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 10,570,000 shares, an increase of 45.6% from the March 15th total of 7,260,000 shares. Based on an average trading volume of 5,880,000 shares, the short-interest ratio is presently 1.8 days.
View Harmony Gold Mining's Short Interest.
How were Harmony Gold Mining's earnings last quarter?: Harmony Gold Mining Company Limited (NYSE:HMY) posted its quarterly earnings results on Tuesday, May, 6th. The mining company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.06. The mining company had revenue of $354 million for 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, March 7th. Shareholders of record on Friday, April 12th will be given a dividend of $0.062 per share on Monday, April 22nd. This represents a yield of 1.2%. The ex-dividend date is Thursday, April 11th. This is a positive change from the stock's previous Semi-Annual dividend of $0.03.
Read our dividend analysis for HMY.

Is Harmony Gold Mining a good dividend stock?: Harmony Gold Mining (NYSE:HMY) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.40%.
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).
Who are Harmony Gold Mining's major shareholders?: Harmony Gold Mining's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Capital Wealth Advisors (0.01%), Shilanski & Associates Inc. (0.00%), Claro Advisors LLC (0.00%), Banque Cantonale Vaudoise (0.00%), Hennion & Walsh Asset Management Inc. (0.00%) and Atlas Capital Advisors LLC (0.00%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:HMY) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Harmony Gold Mining (HMY) Stock Price, News & Analysis

Harmony Gold Mining MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Harmony Gold Mining Stock (NYSE:HMY)

HMY Stock Price History

HMY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

HMY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™