Harmony Gold Mining Co Ltd (NYSE: HMY) stock closed at $6.78 on 3/4/24 after a major increase of 14.1%. Moreover, exceptionally high trading volume at 247% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 19.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, HMY is expected to continue to be a major Value Builder.
Harmony Gold Mining has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Harmony Gold Mining has a slightly positive Appreciation Score of 65 and a very high Power Rating of 94, with the Highest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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