The notable upward revision in Harmony Gold Mining’s fair value target is primarily driven by strong improvements in net profit margin and increased revenue growth forecasts, reflected in the new consensus analyst price target of ZAR281.43.
What's in the News
- Harmony Gold expects FY25 production between 1,400,000 and 1,500,000 ounces.
- Underground recovered grades are projected to exceed prior guidance of 6g/t (previously 5.80g/t).
- Overall all-in sustaining cost (AISC) guidance is R1,020,000/kg to R1,100,000/kg.
Valuation Changes
Summary of Valuation Changes for Harmony Gold Mining
- The Consensus Analyst Price Target has significantly risen from ZAR231.31 to ZAR281.43.
- The Net Profit Margin for Harmony Gold Mining has significantly risen from 32.97% to 49.73%.
- The Consensus Revenue Growth forecasts for Harmony Gold Mining has significantly risen from 11.0% per annum to 15.3% per annum.
Disclaimer
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