Why You should Invest In Harmony Gold Mining Company Limited (NYSE:HMY)

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Harmony Gold Mining Company Limited (NYSE:HMY) for the period of 9-Day stands at 54.27% while the stochastic %D for the same period stands at 67.66%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Harmony Gold Mining Company Limited (NYSE:HMY) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Harmony Gold Mining Company Limited (NYSE:HMY) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Harmony Gold Mining Company Limited (NYSE:HMY)’s 20-Day Bollinger Band indicates “Hold”.

About Company

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

Previous Day Activity Analysis

On the last trading day, Harmony Gold Mining Company Limited (NYSE:HMY) opened the session at $1.77 and closed at $1.8. The stock gained 0.03 points in the last trade.

Harmony Gold Mining Company Limited (NYSE:HMY)’s stock fluctuated in the range of $1.76 and $1.83 during the previous active session. Harmony Gold Mining Company Limited (NYSE:HMY) traded with the volume of 1.75 Million with average volume of 3.26 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at -2.02 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.06 and 48.97 respectively.

Currently the Insider Ownership of the shares of Harmony Gold Mining Company Limited (NYSE:HMY) is at 15.1% and the shares outstanding are 436.12 Million.

Important Ratio Analysis

Some important ratios to consider here for Harmony Gold Mining Company Limited (NYSE:HMY) are discussed below:

Dividend yield of Harmony Gold Mining Company Limited (NYSE:HMY) stands at 3.89% whereas Price to Earnings P/E ratio stands at 39.13 while Forward P/E shows the value of 4.8.

The Price to Sale P/S and Price to Book P/B shows the value of 0.58 and 0.38 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 8.97 and 3.32 correspondingly.

The Quick Ratio of Harmony Gold Mining Company Limited (NYSE:HMY) stands at 1 while the Current Ratio depicts the value of 1.3.

Return on Assets ROA of Harmony Gold Mining Company Limited (NYSE:HMY) is at 0.9% whereas, Return on Equity ROE and Return of Investment ROI of Harmony Gold Mining Company Limited (NYSE:HMY) stand at 1.3% and 1% respectively.

The payout ratio of Harmony Gold Mining Company Limited (NYSE:HMY) stands at 101%.

Stock Performance Analysis

The stock performance of Harmony Gold Mining Company Limited (NYSE:HMY) on the basis of 5 day trade show the jump of 2.27% whereas, the monthly performance of the stock shows decrease of -0.55%.

The quarterly performance of the stock remained in green zone with the value of 4.65% while six month performance of the shares of Harmony Gold Mining Company Limited (NYSE:HMY) remained bearish with the count of -23.08%.

The yearly and YTD performance of Harmony Gold Mining Company Limited (NYSE:HMY) remained down at -33.09% and -18.55% respectively.

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