Harmony Gold Mining Stock Today

HGMCF Stock  USD 10.33  0.47  4.35%   

Performance

6 of 100

 
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Odds Of Distress

Less than 42

 
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Harmony Gold is trading at 10.33 as of the 21st of July 2024. This is a 4.35 percent decrease since the beginning of the trading day. The stock's lowest day price was 10.33. Harmony Gold has about a 42 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Harmony Gold Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of June 2024 and ending today, the 21st of July 2024. Click here to learn more.
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.. The company has 618.03 M outstanding shares. More on Harmony Gold Mining

Moving together with Harmony Pink Sheet

  0.76ZIJMY Zijin Mining GroupPairCorr
Follow Valuation Odds of Bankruptcy
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Harmony Pink Sheet Highlights

CEO DirectorPeter Steenkamp
Thematic Ideas
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Business ConcentrationCopper, Silver, Gold, Basic Materials (View all Sectors)
Harmony Gold Mining [HGMCF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.3 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Harmony Gold's market, we take the total number of its shares issued and multiply it by Harmony Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Harmony Gold Mining classifies itself under Basic Materials sector and is part of Gold industry. The entity has 618.03 M outstanding shares. Harmony Gold Mining has accumulated about 2.45 B in cash with 6.92 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.97.
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Ownership Allocation
Harmony Gold Mining has a total of 618.03 Million outstanding shares. Over half of Harmony Gold's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Harmony Gold Mining Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Harmony Gold market risk premium is the additional return an investor will receive from holding Harmony Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Harmony Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Harmony Gold's alpha and beta are two of the key measurements used to evaluate Harmony Gold's performance over the market, the standard measures of volatility play an important role as well.

Harmony Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Harmony Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Harmony Gold Corporate Management

BA EdExec DirectorProfile
BComm BCommFinancial DirectorProfile
Siphamandla MthethwaEx EngineeringProfile
BEng BScChief ProjectsProfile
Jared CoetzerHead RelationsProfile
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Additional Information and Resources on Investing in Harmony Pink Sheet

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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.