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Hmy stock price forecast recent market sentiment for HMY stock
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Recent market sentiment for HMY stock price forecast aligns with increased safe-haven demand. Analysts project Q3 revenue could climb 6% YoY if production targets hold, offering potential for a breakout above its 200-day moving average at $5. Hence, PEG-based investing can turn out to be even more rewarding if some other relevant parameters are also taken into consideration. Whatâs interesting about Celsiusâ move higher is that while consumer staples often hold up well in market downturns due to their mature and defensive business models and lower valuations, Celsius doesnât necessarily fit the traditional profile of a consumer staples stockâitâs more of a growth stock. It trades at a higher multiple and does not pay a dividend. HMY stock price forecast suggests Harmony Gold Mining may see moderate upside if gold spot prices stay above $2,250/oz. Technical charts show a resistance near $5.20 and support at $4.65, with RSI hovering around 55 indicating neutral momentum.