This is What Makes Harmony Gold Mining Co Ltd ADR Stocks A Gamechanger?

Harmony Gold Mining Co Ltd ADR [HMY] stock is trading at $12.00, down -1.15%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HMY shares have gain 6.48% over the last week, with a monthly amount glided 42.01%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, JP Morgan upgraded its rating to Neutral on October 10, 2024. On April 19, 2024, downgrade downgraded it’s rating to Reduce. JP Morgan downgraded its rating to a Underweight. HSBC Securities upgraded its rating to a Hold. Morgan Stanley downgraded its rating to Underweight for this stock on October 18, 2023. In a note dated September 07, 2022, UBS downgraded an Neutral rating on this stock.

Harmony Gold Mining Co Ltd ADR [HMY] stock has fluctuated between $5.41 and $12.29 over the past year. Harmony Gold Mining Co Ltd ADR [NYSE: HMY] shares were valued at $12.00 at the most recent close of the market.

Analyzing the HMY fundamentals

Harmony Gold Mining Co Ltd ADR [NYSE:HMY] reported sales of 3.35B for the trailing twelve months, which represents a growth of 13.13%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.19, Equity is 0.29 and Total Capital is 0.36. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.87 points at the first support level, and at 11.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.20, and for the 2nd resistance point, it is at 12.41.

Ratios To Look Out For

For context, Harmony Gold Mining Co Ltd ADR’s Current Ratio is 1.12. Also, the Quick Ratio is 0.77, while the Cash Ratio stands at 0.46. Considering the valuation of this stock, the price to sales ratio is 2.28, the price to book ratio is 3.40 and price to earnings (TTM) ratio is 16.46.

Related Posts