The stock of Harmony Gold Mining Company Limited (NYSE:HMY) recorded 3.91% uptrend from the beginning of this year till date. The 12-month potential price target for Harmony Gold Mining Company Limited is set at $2.07. This target means that the stock has an upside potential to increase by 11.29% from the current trading price. HMY went up by $0.01 now trading at $1.86. Their shares witnessed a 30.99% increase from the 52-week low price of $1.42 they recorded on 2018-08-16. Even though it is still -36.02% behind the $2.53 high touched on 2018-03-26. The last few days have been rough for the stock, as its price has decreased by -0.53% during the week. It has also performed better over the past three months, as it added around 5.68% while it has so far climbed around 3.33% during the course of a year.
When giving their opinion, around 33.33% of Wall Street analysts, which represents 1 out of 3 rated the stock as a Buy. 1 brokerage firms of the remaining 33.33% rated the stock as a Hold with 1 analyst rating it as a sell. Overall, the number of aggregate HMY shares held by institutional investors represents 27.8% of total shares. 10 institutions entered new Harmony Gold Mining Company Limited (NYSE:HMY) positions, 44 added to their existing positions in these shares, 41 lowered their positions, and 9 exited their positions entirely.
Harmony Gold Mining Company Limited (HMY) trade volume has decreased by -15.36% as around 2,251,011 shares were sold when compared with its 50-day average volume of traded shares which is 2,659,404. At the moment, HMY is witnessing a uptrend, as it is trading 5.98% above its 20-day SMA, 8.86% above its 50-day SMA, and 4.32% above its 200-day SMA. The company runs an ROE of roughly -15.5%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the 40.5% increase witnessed over the past five years.
The first technical resistance point for Harmony Gold Mining Company Limited (NYSE:HMY) will likely come at $1.9, marking a 2.11% premium to the current level. The second resistance point is at $1.95, about 4.62% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $1.79, the lower end of the range. HMY’s 14-day MACD is 0.07 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 57.63, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 53.33 percent, which is low when compared to that of the 50-day’s 53.84 percent.
The shares of Turquoise Hill Resources Ltd. (NYSE:TRQ) has increased by 0.63%, and now trading at $1.59 on the Wall Street in the intra-day deal, with their shares traded now around 3,588,440. This is a decline of -742,564 shares over the average 4,331,004 shares that were traded daily over the last three months. The stock that is trading at $1.59 went higher by 11.19% from its 52-week low of $1.43 that it attained back on 2018-12-21. The stock recorded a 52-week high of $3.58 nearly 367 days ago on 2018-01-12..
TRQ stock hasn’t performed well over the past 30 days, as it lost -6.47% while its price plunged by -3.64% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -4.79% over the last week. The stock’s 12-month potential target price is now at $4. This means that the stock price might likely increase by 151.57% from its current trading price.5 out of 8 Wall Street analysts which represents 62.5% rated the stock as a buy while the remaining 37.5 rated it as a hold, with 0 of analysts rating it as a sell.
Turquoise Hill Resources Ltd. (NYSE:TRQ) has been utilizing an ROE that is roughly 4%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the 17.1% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.19% above its 20-day SMA, -8.13% below its 50-day SMA, and -33.51% below its 200-day SMA. In percentage terms, the aggregate Turquoise Hill Resources Ltd. shares held by institutional investors is 38.5%. 24 institutions jumped in to acquire Turquoise Hill Resources Ltd. (TRQ) fresh stake, 80 added to their current holdings in these shares, 70 lowered their positions, and 23 left no stake in the company.
The stock’s 9-day MACD is -0.03 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 46.19, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 45.36 percent, which is less when compared to that of the 50-day’s 57.85 percent. On the daily chart, we see that the stock could reach the first level of resistance at $1.61, sporting a 1.24% premium to the current level. The next resistance point is at $1.62, representing nearly 1.85% premium to the current market price of Turquoise Hill Resources Ltd. (TRQ). On the other hand, failure to breach the immediate hurdles can drag it down to $1.56, the lower end of the range.