Buy Harmony Gold shares

HARMONY GOLD (HAR) Shares

ABOUT HARMONY GOLD

📊 Harmony Gold Mining was first incorporated as a public company in South Africa in 1950 and went on to be managed by Randgold before becoming a separate entity in 1995. Today, Harmony is the third largest gold mining and exploration company in South Africa and the fifth largest producer in the world, running international operations in Papua New Guinea.

📊 The company’s extensive portfolio includes Randfontein Estates, Evander Gold Mines, ARMgold and the Harmony Gold Austrialia subsidiaries. In South Africa the company has nine underground mines, one open pit and several surface operations, while in Papua New Guinea the company owns a 50% joint venture with Newcrest Mining. The company has a massive 30 000 employees in South Africa and approximately 100 employees in Papua New Guinea.

📊 Harmony Gold currently trades on the Johannesburg Stock Exchange (JSE) under the stock symbol –HAR, as well as having international listings on the New York Stock Exchange and the Berlin Stock Exchange.

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HARMONY GOLD PERFORMANCE

  • Harmony Gold has worked to mitigate a recent drop in its share price as reflected on the live online stock charts by integrating cost cutting measures while improving labour productivity. This has served to improve its mining grade as it strives to focus on mining exclusively safe and profitable ounces.
  • Financial data has shown growth in the company’s profitability after an increase in the gold price, with business forecasts predicting a sustainable growth trajectory. Harmony is also focused on developing the Golpu copper-gold deposit in Papua New Guinea into a fully operational mine by 2020, which is set to produce 50 000 ounces between 2024 and 2029. Investment in its international operations coupled with a focus on improving its productivity in South Africa have served to boost the company’s share price, making this a high-value buy that should yield long-term dividends for investors who choose to purchase shares on the JSE in 2019 and beyond.
  • The company’s core growth strategy in 2019 focuses on operational excellence, cash certainty and effective capital allocation. In terms of its operational success, in 2018 Harmony reported a 13% increase in production plus an increase in underground grade recovery of 8% in South Africa. Its 2019 production plan seeks to realize synergies at Moab Khotsong and deliver on its Hidden Valley Plan.
  • The company’s 2018 financials saw it exceed production guidance for the third year in a row, while its hedging strategy continued to boost its cash flow margins. In terms of capital allocation, the company’s Hidden Valley re-investment delivered on budget while the company enhanced its portfolio through the Moab Khotsong acquisition, and the company will continue to evaluate further growth opportunities in 2019.

HARMONY GOLD INVESTOR TIPS

  • Along with Harmony Gold’s sound management strategy the company has also benefited from a depreciation in the rand coupled with rising gold prices. In a fluctuating gold market, the company was able to achieve its production target of 1.1 million ounces, providing stability going forward while hedging future gold production for sale at a fixed price.
  • This impressive weathering of a volatile market has seen a strong return on the company’s share price, making it a solid buy at its current low price that will allow investors who buy shares on the JSE to capitalize on its projected long-term growth.

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Buy HARMONY GOLD stocks / shares – 📈 A Step by Step Guide how to Buy / Purchase HARMONY GOLD Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy HARMONY GOLD Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN HARMONY GOLD STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE HARMONY GOLD STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of HARMONY GOLD stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy HARMONY GOLD stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

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