|Bid||1.65 x 38500|
|Ask||0.00 x 47300|
|Day's Range||1.67 - 1.73|
|52 Week Range||1.43 - 2.53|
|Beta (3Y Monthly)||-3.57|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.07 (3.77%)|
|1y Target Est||2.30|
Harmony Gold Mining Co. Ltd. (HMY) is trading cheaply because, following a 12% drop on the New York Stock Exchange for the 52 weeks through Nov. 14, the closing share price of $1.61 on Wednesday was below the 200-, 100- and 50-day simple moving average lines. The closing share price was 12.6% off the 52-week low of $1.43 and 57.1% below the 52-week high of $2.53. Warning! GuruFocus has detected 3 Warning Signs with HMY.
As Positive Catalysts for Gold Emerge, Which Miners May Benefit? South African miners have traditionally traded at a discount to their global counterparts, primarily due to South Africa’s laws, labor concerns, and infrastructure challenges. Among these miners, Sibanye Gold (SBGL) is trading at the highest EV-to-EBITDA (enterprise value-to-EBITDA) multiple of 4.2x—a premium of 23.0% to the peer average.
Harmony invites individual and institutional investors, as well as advisors, to attend this interactive, real-time virtual event JOHANNESBURG , Nov. 8, 2018 /PRNewswire/ -- Harmony Gold Mining Company ...
NEW YORK , Nov. 6, 2018 /PRNewswire/ -- Deutsche Bank today announced the lineup for its Depositary Receipts Virtual Investor Conference ("dbVIC") on November 14 th and 15 th , featuring live ...
A few sectors easily survived the market rout and traded in the green last month. We have highlighted such three sectors and their best ETFs & stocks that have gained handsomely in October.
Penny stocks got battered and bruised during the month of October, undermined by a broad-based retreat that dropped the Russell 2000 small-cap index to an eight-month low. The broad market could post new lows in early November, but a profitable relief rally should unfold in coming weeks, favoring dip trades on penny stocks that have held technical support levels through the maelstrom. This month's penny stock list includes several of these plays, but it's important to think and act defensively, placing stop losses immediately after entry. Penny Stock Picks to Buy Using Technical Analysis for November 1.
Harmony Gold Mining Company Limited (HMY) has been on the move lately as the stock has risen by 9.9% in the past four weeks, and it is currently trading well above its 20-Day SMA.
Furthermore, on a technical basis, breadth is starting to recover after the percentage of NYSE issues above their 50-day moving average hit a low of just 13.6% last week — an even deeper low than what was set back in February. Last week, analysts at Pivotal Research upgraded TWTR stock on a valuation tailwind. Analysts are looking for earnings of 14 cents per share on revenues of $703.7 million.
The two biggest South African unions at Sibanye Gold Ltd.’s mines got permission to strike over pay after a deadlock in gold wage talks. The National Union of Mineworkers and Association of Mineworkers and Construction Union received strike certificates at Sibanye after negotiations were referred to the Commission for Conciliation, Mediation and Arbitration, Minerals Council South Africa, an industry lobby group, said Thursday. AMCU was also granted permission to strike at Harmony Gold Mining Co. The approval ensures that the work stoppage is legal, which means employees can’t lose their jobs for participating.
Gold prices are likely to recover as India gears up for the wedding season and major festivals, when gold buying is considered auspicious.
Harmony Gold's (HMY) revenues improve 12% in FY18 owing to higher gold sales. It expects to produce 1.45 million oz of gold in fiscal 2019.
NEW YORK, NY / ACCESSWIRE / August 21, 2018 / Harmony Gold Mining Co. Ltd. Sponsored ADR (NYSE: HMY ) will be discussing their earnings results in their H2 Earnings Call to be held on August 21, 2018 at ...
Companies desperate to turn struggling operations around have cut jobs left and right, but the government issued a stern warning against further layoffs.
Iamgold’s Q2 2018 Results Were a Mixed Bag: Is Outlook Better? After achieving record production of 109,000 ounces in the first quarter of 2018, Iamgold’s (IAG) Essakane mine reported weaker production in the second quarter. IAG maintained its guidance for Essakane to produce 380,000–395,000 ounces of gold in 2018.
The gloom in the mining sector is mainly due to the fall in precious metals. Gold, silver, platinum, and palladium have fallen 1.9%, 2.9%, 5.6%, and 0.53%, respectively, on a five-day trailing basis.
Although palladium has been the strongest among the four precious metals over the last month, it has fallen 9.8% year-to-date. Like silver, palladium often depends on industrial sentiment. It sometimes reacts more closely to the broader equity markets than its precious metal status.
Most of the precious metals and their mining companies have witnessed a choppy market in most of 2018, thanks to slumping metal prices. Precious metals are more closely associated with the downturn in these precious metals rather than the overall sentiment of the equity markets.
Featured today on WallStEquities.com is the Gold industry, which comprises companies that are engaged in the exploration and production of gold from mines. Under observation this morning are the following fours stocks: Goldcorp Inc. (NYSE: GG), Harmony Gold Mining Co. Ltd (NYSE: HMY), Hecla Mining Co. (NYSE: HL), and IAMGOLD Corp. (NYSE: IAG).
Zacks Industry Outlook Highlights: Alio Gold, Kirkland Lake Gold, Harmony Gold Mining and NovaGold Resources