Is Harmony Gold Mining Co Ltd ADR (HMY) Good For Your Portfolio?

Harmony Gold Mining Co Ltd ADR (NYSE:HMY) saw a downside of -0.96% to close Tuesday at $4.11 after subtracting -$0.04 on the day. The 5-day average trading volume is 3,839,560 shares of the company’s common stock. It has gained $4.63 in the past week and touched a new high 1 time within the past 5 days. An average of 3,180,100 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,072,640.

HMY’s 1-month performance is 1.48% or $0.06 on its low of $3.97 reached on 08/28/23. The company’s shares have touched a 52-week low of $1.97 and high of $5.43, with the stock’s rally to the 52-week high happening on 05/04/23. YTD, HMY has achieved 20.88% or $0.71 and has reached a new high 15 times. However, the current price is down -24.31% from the 52-week high price.

Valuation Metrics

HMY stock has a beta of 1.33. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.91 while the price-to-book (PB) in the most recent quarter is 1.38, with the price to cash flow ratio at 20.06.

Harmony Gold Mining Co Ltd ADR’s quick ratio for the recent period was 0.79, with the current ratio over the same period at 1.26.. In terms of profitability, the gross margin trailing 12 months is 20.08%. The trailing 12-month EBITDA margin is 24.64%. The firm’s gross profit as reported stood at $549.34 million against revenue of $2.78 billion.

Earnings Surprise

HMY stock balance sheet for the recent quarter shows that total liabilities totaled 1.22 billion, with total debt at $6.03 billion.

Let’s look briefly at Harmony Gold Mining Co Ltd ADR (HMY) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 43.79% to suggest the stock is trending Neutral, with historical volatility in this time period at 54.08%.

The stock’s 5-day moving average is $4.29, reflecting a -1.91% or -$0.08 change from its current price. HMY is currently trading +0.24% above its 20-day SMA, -17.64% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -10.26% and SMA200 by+17.43%.

Stochastic %K and %D was 22.47% and 40.15% and the average true range (ATR) pointed at 0.18. The RSI (14) points at 47.31%, while the 14-day stochastic is at 8.77% with the period’s ATR at 0.18. The stock’s 9-day MACD Oscillator is pointing at -0.09 and -0.06 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Harmony Gold Mining Co Ltd ADR (NYSE: HMY), UBS downgraded it to a Neutral rating. They previously had a Buy rating on the stock.

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