Patrice Motsepe - Harmony Gold Chairman

HGMCF Stock  USD 9.00  0.00  0.00%   

Chairman

Dr. Patrice T. Motsepe serves as NonExecutive NonIndependent Chairman of the Board of Harmony Gold Mining Company Limited. He Appointed to the board in 2004, Patrice became nonexecutive chairman during 2004. He was a partner in one of the largest law firms in South Africa, Bowman Gilfillan Inc. He was a visiting attorney in the USA with the law firm, McGuire Woods Battle and Boothe. In 1994 he founded Future Mining, which grew rapidly to become a successful contract mining company. He then formed ARMgold in 1997, which listed on the Johannesburg Stock Exchange in 2002. ARMgold merged with Harmony in 2003 and this ultimately led to the takeover of Anglovaal Mining . In 2002 he was voted South Africas Business Leader of the Year by the chief executive officers of the top 100 companies in South Africa. In the same year, he was the winner of the Ernst Young Best Entrepreneur of the Year award. Patrice is a recipient of numerous other business and leadership awards, including In 2002 he was voted South Africas Business Leader of the Year by the chief executive officers of the top 100 companies in South Africa. In the same year, he was the winner of the Ernst Young Best Entrepreneur of the Year award. He is an executive chairman of African Rainbow Minerals Limited and the deputy chairman of Sanlam Life Insurance Limited. He is also a member of the International Business Council of the World Economic Forum, which is made up of 100 of the most highly respected and influential chief executives from all industries. He is a member of the JP Morgan International Council. since 2004.
Age 56
Tenure 20 years
Phone27 11 411 2000
Webhttps://www.harmony.co.za

Harmony Gold Management Efficiency

The company has return on total asset (ROA) of 0.0552 % which means that it generated a profit of $0.0552 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.033) %, meaning that it generated substantial loss on money invested by shareholders. Harmony Gold's management efficiency ratios could be used to measure how well Harmony Gold manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 3.18 B in total debt with debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from borrowing. Harmony Gold Mining has a current ratio of 1.48, which is within standard range for the sector. Debt can assist Harmony Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Harmony Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Harmony Gold Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Harmony to invest in growth at high rates of return. When we think about Harmony Gold's use of debt, we should always consider it together with cash and equity.

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Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. The company was incorporated in 1950 and is headquartered in Randfontein, South Africa. Harmony Gold operates under Gold classification in the United States and is traded on OTC Exchange. Harmony Gold Mining [HGMCF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

Harmony Gold Mining Leadership Team

Elected by the shareholders, the Harmony Gold's board of directors comprises two types of representatives: Harmony Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Harmony. The board's role is to monitor Harmony Gold's management team and ensure that shareholders' interests are well served. Harmony Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Harmony Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
BA Ed, Exec Director
Melanie NaidooVermaak, Executive - Environment Management
Boipelo Lekubo, CFO
Max Sisulu, Non-Executive Independent Director
Patrice Motsepe, Non-Executive Non-Independent Chairman of the Board
BEng BSc, Chief Projects
Peter Steenkamp, CEO Director
Besky Ngunjiri, Chief audit executive
Johannes CA, CEO Devel
Johannes Heerden, CEO, South East Asia Operations
Alwyn Pretorius, COO
Joaquim Chissano, Non-Executive Independent Director
Herman Perry, CFO, Treasurer
Jaco Boshoff, Executive - Mineral Resources Development and Growth
Mavuso Msimang, Non-Executive Independent Director
Jared Coetzer, Head Relations
Simo Lushaba, Non-Executive Independent Director
Robert Hart, Acting Executive - Technical Services and Engineering
Beyers Nel, COO - South African Operations
Mashego Mashego, Executive director - Stakeholder Relations and Corporate Affairs
Riana Bisschoff, Group Company Secretary
Tom Berg, Executive - Safety and Technology
Graham Briggs, CEO, Executive Director
Kenneth Dicks, Non-Executive Independent Director
BComm BComm, Financial Director
Given Sibiya, Non-Executive Independent Director
Grathel Motau, Non-Executive Independent Director
John Wetton, Non-Executive Independent Director
Phillip Tobias, COO - Special Projects and Development
Anton BTech, Sr Capital
Vishnu Pillay, Independent Non-Executive Director
Karabo Nondumo, Non-Executive Independent Director
Cathie Markus, Non-Executive Independent Director
Siphamandla Mthethwa, Ex Engineering
Modise Motloba, Non-Executive Deputy Chairman of the Board
Tumi Legobye, Executive - Health
Marian Walt, Executive - Corporate and Investor Relations
Frank Abbott, Financial Director, Executive Director
Danie Muller, Actng CFO - South Africa Operations
Lauren Fourie, Investor Relations Manager
Harry Mashego, Executive Director
Fikile Buck, Non-Executive Lead Independent Director
Anton Buthelezi, Executive - Human Resources
Andre Wilkens, Non-Executive Non-Independent Director
BC LLB, Sr Relations
Henrika Basterfield, Investor Relations Manager
Abre Vuuren, Executive - Risk Management and Services Improvement

Harmony Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Harmony Gold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Harmony Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Harmony Gold's short interest history, or implied volatility extrapolated from Harmony Gold options trading.

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When determining whether Harmony Gold Mining offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Harmony Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Harmony Gold Mining Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Harmony Gold Mining Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harmony Gold Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Harmony Gold Mining information on this page should be used as a complementary analysis to other Harmony Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running Harmony Gold's price analysis, check to measure Harmony Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harmony Gold is operating at the current time. Most of Harmony Gold's value examination focuses on studying past and present price action to predict the probability of Harmony Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmony Gold's price. Additionally, you may evaluate how the addition of Harmony Gold to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Harmony Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harmony Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harmony Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.