HMY Stock Summary and Trading Ideas (Harmony Gold Mining Company | NYSE:HMY)

Harmony Gold Mining Co Ltd is a gold mining and exploration company having operations in South Africa and Papua New Guinea (PNG). Its projects include Bambanani, Joel, Masimong, Phakisa, Target 1, Tshepong, Unisel, Doornkop, and Kusasalethu. The group's segments are Tshepong Operations, Bambanani, Joel, Doornkop, Moab Khotsong, Hidden Valley, Target 1, Kusasalethu, Masimong, Unisel, and all other surface operations.

Harmony Gold Mining Company trades on the NYSE stock market under the symbol HMY.

As of April 23, 2024, HMY stock price climbed to $8.77 with 6,545,647 million shares trading.

HMY has a beta of 1.10, meaning it tends to be more sensitive to market movements. HMY has a correlation of 0.05 to the broad based SPY ETF.

HMY has a market cap of $5.44 billion. This is considered a Mid Cap stock.

In the last 3 years, HMY stock traded as high as $9.80 and as low as $1.94.

The top ETF exchange traded funds that HMY belongs to (by Net Assets): GDX, GDXJ, SILJ, AVEM, DFAX.

HMY has outperformed the market in the last year with a price return of +102.5% while the SPY ETF gained +24.3%. HMY has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +58.0% and -0.9%, respectively, while the SPY returned +4.9% and -2.5%, respectively.

HMY support price is $8.40 and resistance is $9.02 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HMY stock will trade within this expected range on the day.