Near term Outlook For Harmony Gold Mining Company Limited (NYSE:HMY)


Harmony Gold Mining Company Limited (NYSE:HMY) closed its last session at $2.08. The stock traded within a range of $1.92 and $2.09. The company operates in the Basic Materials sector with a market capitalization of 914340. Trading volume for Harmony Gold Mining Company Limited was 11.92 Million in its previous trading session. Currently, Harmony Gold Mining Company Limited (NYSE:HMY) has an average volume of 3.45 Million.

Company Profile

Harmony Gold Mining Company Ltd. is a mining company which produces gold from its operations in the distrcit of Virginia, Orange Free State.

Analyst Views

Harmony Gold Mining Company Limited (NYSE:HMY) received a Buy rating from 0 analysts. 0 analysts gave its stock an Outperform rating. 1 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Harmony Gold Mining Company Limited (NYSE:HMY) touched its 1-Year High price of $2.99 on 02/16/17 and its 1-Year Low price of $1.56 on 07/03/17.

EPS & Financials

For the current quarter, 0 analysts are projecting a mean EPS of $0/share. According to their observations and findings, the stock could provide a high EPS of $0/share and a low EPS of $0/share.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Harmony Gold Mining Company Limited (NYSE:HMY) has a 20-Day average volume of 6.14 Million. According to today’s trading volume Harmony Gold Mining Company Limited is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 15.1 Percent and Institutional ownership of 25.3 Percent. The return on assets stands at 0.9%, Return on Equity currently is 1.3% and the Return on Investment value is 1%.

Harmony Gold Mining Company Limited (NYSE:HMY) gross margin percentage stands at 7.4% while its operating margin for the past trailing twelve month is -0.9 percent and its overall profit margin (ttm) is 1.9 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 19.99% with a 50-Day Simple Moving Average of 17.57 percent. As of today, the company has a SMA200 (200-day simple moving average) of 12.79 Percent. The Stock has YTD (year to date) performance of 11.23 percent.

The TTM operating margin for the company stands at -0.9%. The return on invested capital is at 1%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 3.3.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 12.79%, and has a solid year to date (YTD) performance of 11.23% which means that the stock is constantly adding to its value from the previous fiscal year end price.