J Studios Investment Thesis Harmony is one of the highest-cost gold miners globally, with significant earnings leverage to the gold price. Its production growth surprised the market in 2024, driven by improved recovered grades in its two young underground mines, which we view as sustainable. FY24 performance exceeded its production target and cost guidance and full year adjusted EPS was up over 100% from a year ago. Introduction Harmony Gold Mining Company Limited (NYSE:HMY) is a mid-sized gold miner based ...

Harmony Gold (HMY) closed the most recent trading day at $11.16, moving -0.53% from the previous trading session. This move lagged the S&P 500's daily gain of 0.42%. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq gained 0.57%. Coming into today, shares of the gold miner had gained 23.43% in the past month. In that same time, the Basic Materials sector lost 0.84%, while the S&P 500 gained 1.77%. The investment community will be closely monitoring the performance of Harmony Gold in its forth ...

Harmony Gold (HMY) closed the latest trading day at $10.13, indicating a +1.3% change from the previous session's end. The stock lagged the S&P 500's daily gain of 1.61%. Meanwhile, the Dow experienced a rise of 1.39%, and the technology-dominated Nasdaq saw an increase of 2.34%. Coming into today, shares of the gold miner had lost 5.12% in the past month. In that same time, the Basic Materials sector lost 5.56%, while the S&P 500 lost 2.88%. Analysts and investors alike will be keeping a close eye on the p ...

In the latest market close, Harmony Gold (HMY) reached $9.48, with a +0.48% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.47%. Elsewhere, the Dow gained 0.13%, while the tech-heavy Nasdaq added 0.51%. Prior to today's trading, shares of the gold miner had lost 5.79% over the past month. This has lagged the Basic Materials sector's loss of 3.94% and the S&P 500's loss of 4.45% in that time. Investors will be eagerly watching for the performance of Harmo ...

Harmony Gold (HMY) closed the latest trading day at $9.57, indicating a -1.54% change from the previous session's end. This change lagged the S&P 500's 1.37% loss on the day. Meanwhile, the Dow lost 1.21%, and the Nasdaq, a tech-heavy index, lost 2.3%. Shares of the gold miner have appreciated by 3.85% over the course of the past month, outperforming the Basic Materials sector's loss of 0.16% and the S&P 500's gain of 1.11%. The investment community will be paying close attention to the earnings performance ...

Harmony Gold (HMY) closed at $9.09 in the latest trading session, marking a +0.55% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.16%. At the same time, the Dow lost 0.14%, and the techheavy Nasdaq lost 0.06%. The investment community will be closely monitoring the performance of Harmony Gold in its forthcoming earnings report. For the full year, the Zacks Consensus Estimates project earnings of $1.20 per share and a revenue of $3.7 billion, demonstrating changes of +166.67% and + ...

For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.20 per share and a revenue of $3.7 billion, signifying shifts of +166.67% and +33.15%, respectively, from the last year. In terms of valuation, Harmony Gold is presently being traded at a Forward P/E ratio of 8.02. This denotes a discount relative to the industry's average Forward P/E of 16.84. Harmony Gold (HMY) closed at $9.45 in the latest trading session, marking a -1.77% move from the prior day. This move lagged the S&P 500' ...

Advantages of Investing in Gold Miner Stocks Going back to the investing purists, who scoff at the idea of investing in a commodity with no earnings, they do make a reasonable point. However, there is one way to both invest in gold, and potentially derive some income. Gold mining stocks offer the advantage of getting exposure to gold, while also offering an income stream through dividends, which are paid from the profits of running a gold mine. Of course, they aren't perfect and it's important to be aware o ...

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Harmony Gold (HMY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Harmony Gold is a member of our Basic Materials group, which includes 240 different companies and currently sits at #2 in the Zacks Sec ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...