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Harmony Gold Mining ( (HMY) ) has issued an update.
On June 12, 2025, Harmony Gold Mining Company Limited announced that African Rainbow Minerals Limited (ARM), an associate of Dr. Patrice Motsepe, has executed a hedging collar transaction involving 18 million ordinary shares of Harmony. This strategic move allows ARM to access future funding while maintaining potential upside exposure to Harmony’s share price. ARM remains committed to Harmony as a strategic investment, reflecting confidence in the company’s management and growth potential.
The most recent analyst rating on (HMY) stock is a Hold with a $12.06 price target. To see the full list of analyst forecasts on Harmony Gold Mining stock, see the HMY Stock Forecast page.
Spark’s Take on HMY Stock
According to Spark, TipRanks’ AI Analyst, HMY is a Outperform.
Harmony Gold Mining shows strong financial performance and robust earnings call results, particularly due to record free cash flows and strategic investments. The technical analysis indicates a neutral trend, while the valuation is moderate. Despite some operational challenges, the overall outlook is positive, supporting a solid stock score.
To see Spark’s full report on HMY stock, click here.
More about Harmony Gold Mining
Harmony Gold Mining Company Limited is a prominent player in the mining industry, primarily focusing on the extraction and production of gold. The company is based in South Africa and is listed on the Johannesburg Stock Exchange under the share code HAR.
Average Trading Volume: 6,263,042
Technical Sentiment Signal: Buy
Current Market Cap: $9.27B
Learn more about HMY stock on TipRanks’ Stock Analysis page.