Is Harmony Gold Stock a Good Investment?
Harmony Gold Investment Advice | HMY |
- Examine Harmony Gold's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Harmony Gold's leadership team and their track record. Good management can help Harmony Gold navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Metals & Mining space and any emerging trends that could impact Harmony Gold's business and its evolving consumer preferences.
- Compare Harmony Gold's performance and market position to its competitors. Analyze how Harmony Gold is positioned in terms of product offerings, innovation, and market share.
- Check if Harmony Gold pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Harmony Gold's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Harmony Gold Mining stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Harmony Gold Mining is a good investment.
Sell | Buy |
Hold
Market Performance | Solid | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Harmony Gold Stock
Researching Harmony Gold's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 26.0% of the company shares are owned by institutional investors. The book value of Harmony Gold was currently reported as 73.42. The company last dividend was issued on the 11th of April 2025.
To determine if Harmony Gold is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Harmony Gold's research are outlined below:
| Harmony Gold Mining appears to be risky and price may revert if volatility continues | |
| Harmony Gold Mining is unlikely to experience financial distress in the next 2 years | |
| Latest headline from finance.yahoo.com: Harmony Gold Mining Among the Stocks That Outperform the Broader Market |
Earnings surprises can significantly impact Harmony Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Harmony Gold's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2007-04-25 | 2007-03-31 | 0.09 | 0.08 | -0.01 | 11 | ||
2000-11-09 | 2000-09-30 | 0.1 | 0.1143 | 0.0143 | 14 | ||
2011-10-31 | 2011-09-30 | 0.1 | 0.13 | 0.03 | 30 | ||
2006-10-31 | 2006-09-30 | 0.13 | 0.1 | -0.03 | 23 | ||
2005-04-25 | 2005-03-31 | -0.15 | -0.18 | -0.03 | 20 | ||
2004-10-25 | 2004-09-30 | -0.14 | -0.17 | -0.03 | 21 | ||
2013-11-08 | 2013-09-30 | 0.05 | 0.01 | -0.04 | 80 | ||
2003-01-27 | 2002-12-31 | 0.23 | 0.27 | 0.04 | 17 |
Know Harmony Gold's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Harmony Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Harmony Gold Mining backward and forwards among themselves. Harmony Gold's institutional investor refers to the entity that pools money to purchase Harmony Gold's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Aqr Capital Management Llc | 2024-12-31 | 2.1 M | Goldman Sachs Group Inc | 2024-12-31 | 1.8 M | Jane Street Group Llc | 2024-12-31 | 1.7 M | D. E. Shaw & Co Lp | 2024-12-31 | 1.5 M | Renaissance Technologies Corp | 2024-12-31 | 1.4 M | Jpmorgan Chase & Co | 2024-12-31 | 1.4 M | Lazard Asset Management Llc | 2024-12-31 | 1.2 M | Bank Of America Corp | 2024-12-31 | 1.2 M | Amundi | 2024-12-31 | 1.1 M | Van Eck Associates Corporation | 2024-12-31 | 62.9 M | Exor Investments (uk) Llp | 2024-12-31 | 20.9 M |
Harmony Gold's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 7.89 B.Market Cap |
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Harmony Gold's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.16 | 0.17 | |
| Return On Capital Employed | 0.27 | 0.28 | |
| Return On Assets | 0.16 | 0.17 | |
| Return On Equity | 0.24 | 0.25 |
Determining Harmony Gold's profitability involves analyzing its financial statements and using various financial metrics to determine if Harmony Gold is a good buy. For example, gross profit margin measures Harmony Gold's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Harmony Gold's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Harmony Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Harmony Gold Mining. Check Harmony Gold's Beneish M Score to see the likelihood of Harmony Gold's management manipulating its earnings.
Evaluate Harmony Gold's management efficiency
Harmony Gold Mining has Return on Asset of 0.1666 % which means that on every $100 spent on assets, it made $0.1666 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2478 %, implying that it generated $0.2478 on every 100 dollars invested. Harmony Gold's management efficiency ratios could be used to measure how well Harmony Gold manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.17 in 2025. Return On Capital Employed is likely to rise to 0.28 in 2025. At this time, Harmony Gold's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to rise to about 1.1 B in 2025, whereas Total Assets are likely to drop slightly above 36.6 B in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 59.50 | 45.94 | |
| Tangible Book Value Per Share | 59.47 | 44.36 | |
| Enterprise Value Over EBITDA | 7.07 | 6.72 | |
| Price Book Value Ratio | 2.93 | 3.08 | |
| Enterprise Value Multiple | 7.07 | 6.72 | |
| Price Fair Value | 2.93 | 3.08 | |
| Enterprise Value | 35.8 B | 37.6 B |
Harmony Gold Mining has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Basic technical analysis of Harmony Stock
As of the 25th of March, Harmony Gold retains the Downside Deviation of 2.87, risk adjusted performance of 0.1827, and Market Risk Adjusted Performance of (4.09). Harmony Gold technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Harmony Gold's Outstanding Corporate Bonds
Harmony Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Harmony Gold Mining uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Harmony bonds can be classified according to their maturity, which is the date when Harmony Gold Mining has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Harmony Gold's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Harmony Gold's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1827 | |||
| Market Risk Adjusted Performance | (4.09) | |||
| Mean Deviation | 2.25 | |||
| Semi Deviation | 2.32 | |||
| Downside Deviation | 2.87 | |||
| Coefficient Of Variation | 513.61 | |||
| Standard Deviation | 2.97 | |||
| Variance | 8.83 | |||
| Information Ratio | 0.2036 | |||
| Jensen Alpha | 0.5636 | |||
| Total Risk Alpha | 0.6888 | |||
| Sortino Ratio | 0.2108 | |||
| Treynor Ratio | (4.10) | |||
| Maximum Drawdown | 13.5 | |||
| Value At Risk | (4.36) | |||
| Potential Upside | 5.01 | |||
| Downside Variance | 8.24 | |||
| Semi Variance | 5.39 | |||
| Expected Short fall | (2.48) | |||
| Skewness | (0.13) | |||
| Kurtosis | 1.15 |
| Risk Adjusted Performance | 0.1827 | |||
| Market Risk Adjusted Performance | (4.09) | |||
| Mean Deviation | 2.25 | |||
| Semi Deviation | 2.32 | |||
| Downside Deviation | 2.87 | |||
| Coefficient Of Variation | 513.61 | |||
| Standard Deviation | 2.97 | |||
| Variance | 8.83 | |||
| Information Ratio | 0.2036 | |||
| Jensen Alpha | 0.5636 | |||
| Total Risk Alpha | 0.6888 | |||
| Sortino Ratio | 0.2108 | |||
| Treynor Ratio | (4.10) | |||
| Maximum Drawdown | 13.5 | |||
| Value At Risk | (4.36) | |||
| Potential Upside | 5.01 | |||
| Downside Variance | 8.24 | |||
| Semi Variance | 5.39 | |||
| Expected Short fall | (2.48) | |||
| Skewness | (0.13) | |||
| Kurtosis | 1.15 |
Consider Harmony Gold's intraday indicators
Harmony Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Harmony Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Harmony Gold Corporate Filings
6K | 4th of March 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 23rd of January 2025 Other Reports | ViewVerify | |
| 31st of October 2024 Other Reports | ViewVerify |
Harmony Stock media impact
Far too much social signal, news, headlines, and media speculation about Harmony Gold that are available to investors today. That information is available publicly through Harmony media outlets and privately through word of mouth or via Harmony internal channels. However, regardless of the origin, that massive amount of Harmony data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Harmony Gold news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Harmony Gold relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Harmony Gold's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Harmony Gold alpha.
Harmony Gold Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Harmony Gold can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Harmony Gold Mining Historical Investor Sentiment
Investor biases related to Harmony Gold's public news can be used to forecast risks associated with an investment in Harmony. The trend in average sentiment can be used to explain how an investor holding Harmony can time the market purely based on public headlines and social activities around Harmony Gold Mining. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Harmony Gold's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Harmony Gold and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Harmony Gold news discussions. The higher the estimate score, the more favorable the investor's outlook on Harmony Gold.
Harmony Gold Maximum Pain Price Across May 16th 2025 Option Contracts
Harmony Gold's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Harmony Gold close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Harmony Gold's options.
Harmony Gold Corporate Directors
| BA Ed | Executive Director | Profile | |
| Boipelo Lekubo | Finance Director, Executive Director | Profile | |
| Max Sisulu | Non-Executive Independent Director | Profile | |
| Joaquim Chissano | Non-Executive Independent Director | Profile |
Additional Tools for Harmony Stock Analysis
When running Harmony Gold's price analysis, check to measure Harmony Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harmony Gold is operating at the current time. Most of Harmony Gold's value examination focuses on studying past and present price action to predict the probability of Harmony Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmony Gold's price. Additionally, you may evaluate how the addition of Harmony Gold to your portfolios can decrease your overall portfolio volatility.