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HMY Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
19.035
Open
18.500
VWAP
18.65
Vol
4.58M
Mkt Cap
12.24B
Low
17.908
Amount
85.50M
EV/EBITDA(TTM)
7.26
Total Shares
624.58M
EV
191.70B
EV/OCF(TTM)
8.46
P/S(TTM)
2.90
Harmony Gold Mining Company Limited is a mining company. It acquires, explores, develops, and operates gold and uranium properties, through its underground and open-pit mines in South Africa, and its Hidden Valley open-pit mine in Papua New Guinea. Its main products are gold bullion and uranium concentrate, extracted from deep-level and surface mining operations. Its segments include South Africa Underground, Surface, and International. In South Africa, its underground operations are located within the Witwatersrand Basin, which includes one in the Klerksdorp goldfield, three in the West Rand, and five in the Free State, in the southern portion of the Witwatersrand Basin. It also has an open pit mine, Kalgold, on the Kraaipan Greenstone Belt as well as several surface treatment operations. In Papua New Guinea, it operates the Hidden Valley mine and Wafi-Golpu project. In Australia, the Company owns the Eva Copper Mine Project. It also owns CSA Copper Mine in New South Wales, Australia.
Show More

Events Timeline

(ET)
2025-12-01
08:50:00
HighPeak Energy Borrow Rate Soars to 58.46%
select
2025-10-09 (ET)
2025-10-09
06:37:12
MAC Copper unveils court-sanctioned agreement with Harmony Gold
select
2025-09-03 (ET)
2025-09-03
12:02:42
Harmony Gold shares increase by 8.8%
select
2025-08-28 (ET)
2025-08-28
12:01:05
Harmony Gold Experiences a 12.1% Decline
select
2025-08-26 (ET)
2025-08-26
12:00:52
Harmony Gold Experiences a 4.7% Decline
select

News

seekingalpha
9.5
03-08seekingalpha
Strength and Weakness in Upcoming Earnings Stocks
  • Strength in Materials: Silver miner Avino Silver & Gold Mines (ASM) leads with a quant rating of 4.83, followed closely by gold producer Harmony Gold Mining Company (HMY) at 4.81, indicating strong momentum in the precious metals sector that may attract increased investor interest.
  • Consumer Sector Highlights: Food distributor United Natural Foods (UNFI) and fashion retailer Industria de Diseño Textil (IDEXY) both score 4.72, suggesting that companies in the consumer sector may report solid earnings, thereby boosting market confidence ahead of their earnings announcements.
  • Weakness in Healthcare: Communication services firm Angel Studios (ANGX) holds the lowest quant score at 1.06, with biotechnology company Exagen (XGN) at 1.07, reflecting significant market pressure on healthcare and biotech firms that could undermine investor confidence in these sectors.
  • High-Profile Earnings Reports: Companies set to report earnings include NIO (NIO), Oracle (ORCL), Adobe (ADBE), and Hewlett Packard Enterprise (HPE), with HPE's quant score at 3.95 indicating relatively strong market performance, which may draw more investor attention as earnings season approaches.
Benzinga
6.5
02-19Benzinga
Hedge Funds Reveal Q4 Portfolios and Investment Trends
  • Shifting Investment Trends: The latest 13F filings reveal that the world's largest hedge funds are gradually exiting trades that performed well last year, pivoting towards hard assets, indicating a strategic adjustment in response to market uncertainties and inflation concerns.
  • Gold and Oil Investments: Bridgewater has significantly increased its holdings in gold mining stocks as gold prices surpass $5,000 and oil prices rise above $65, highlighting hedge funds' focus on inflation risks and preference for traditional safe-haven assets.
  • Fed Policy Expectations: Minutes from the Fed's meeting indicate increased discussions among officials about potential rate hikes, with markets pricing in a 93% chance of holding rates in March, which has led to more capital flowing into inflation hedge trades, reflecting cautious market sentiment regarding future economic conditions.
  • Portfolio Diversification: Major investment funds are reducing their concentration in mega-cap tech stocks, suggesting that market participants are reassessing their portfolios to navigate potential economic volatility and policy shifts effectively.
Yahoo Finance
8.5
02-19Yahoo Finance
Harmony Gold Faces Challenges with CSA Copper Mine
  • Acquisition Background: Harmony Gold acquired the CSA Copper Mine in New South Wales for $1.03 billion last October, aiming to diversify into copper mining to address the high costs of gold mining in South Africa.
  • Output Uncertainty: Under Mac Copper, the CSA Copper Mine produced 40,000 metric tons of copper annually, but it remains unclear whether it can maintain or increase output, facing capacity constraints and risks.
  • Need for Strategic Rethink: CEO Beyers Nel indicated that the mine requires a rethink and recapitalization, with potential timelines of up to two years or more to de-risk and resolve bottlenecks, impacting the company's short-term profitability.
  • Diversification Strategy: Harmony Gold also owns the Eva Copper Mine in Queensland and co-owns the Wafi-Golpu gold-copper project in Papua New Guinea with Newmont, highlighting its intent to expand in the copper sector.
seekingalpha
8.5
02-09seekingalpha
Harmony Gold's CSA Copper Mine Needs Strategic Overhaul
  • Capital Injection Required: Harmony Gold's recently acquired CSA copper mine necessitates a capital injection of approximately $1 billion for restructuring, as CEO Beyers Nel indicated that this process could take up to two years, highlighting the challenges the company faces in integrating new assets.
  • Production Capacity Uncertainty: The CSA mine produced 40,000 metric tons of copper annually prior to acquisition, but Harmony has not confirmed whether it can maintain or increase this production level, reflecting concerns about future output.
  • Operational Bottleneck Issues: Nel pointed out that the mine suffers from insufficient ventilation and limited mining flexibility due to inadequate insulation, which urgently need to be addressed to enhance overall operational efficiency, indicating that the current state of the mine is not ideal.
  • Future Outlook: Harmony plans to provide a formal production outlook for the CSA mine during its half-year results announcement in March, covering data from January to June, which will offer investors a clearer direction for the future.
moomoo
4.5
02-05moomoo
Spot Silver Continues Decline, Currently Down 6% at $67 per Ounce
  • Market Performance: Silver prices have experienced a decline, dropping 6% to $67 per ounce.
  • Trend Analysis: The recent downturn in silver prices indicates a potential shift in market dynamics.
seekingalpha
7.5
02-03seekingalpha
Harmony Gold Expects H1 2026 Results to Meet Expectations Despite Setbacks
  • Operational Challenges: Harmony Gold expects its H1 2026 results to align with expectations despite setbacks, including a mill motor failure and a delay in the final gold shipment at the Hidden Valley operation in Papua New Guinea, which negatively impacted operational performance in FQ2.
  • Production Guidance: The company remains confident in achieving its full-year production guidance of 1.4M to 1.5M ounces, despite the operational setbacks, indicating resilience in its production capabilities.
  • Mine Integration Progress: Integration activities at the high-grade CSA copper mine are progressing well, with initial efforts focused on incorporating the mine into Harmony's systems, processes, and culture, showcasing the company's commitment to operational efficiency.
  • Financial Robustness: Harmony Gold asserts that its fundamentals remain strong, supported by improved safety performance, a healthy balance sheet, investments in higher-quality orebodies, and sustained margin improvements across its portfolio.
Wall Street analysts forecast HMY stock price to rise
1 Analyst Rating
Wall Street analysts forecast HMY stock price to rise
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
20.50
Averages
20.50
High
20.50
Current: 0.000
sliders
Low
20.50
Averages
20.50
High
20.50
Morgan Stanley
Underweight -> Equal Weight
upgrade
AI Analysis
2026-01-22
Reason
Morgan Stanley
Price Target
AI Analysis
2026-01-22
upgrade
Underweight -> Equal Weight
Reason
Morgan Stanley upgraded Harmony Gold to Equal Weight from Underweight with a price target of ZAR 330, up from ZAR 265. The firm cites valuation for the upgrade following the stock's underperformance over the past year. In addition, Harmony's key event risk of updated Eva capital guidance is now in the market, the analyst tells investors in a research note.
BMO Capital
Raj Ray
Market Perform
initiated
$16
2025-07-17
Reason
BMO Capital
Raj Ray
Price Target
$16
2025-07-17
initiated
Market Perform
Reason
BMO Capital analyst Raj Ray initiated coverage of Harmony Gold with a Market Perform rating and $16 price target. Harmony is a South African senior gold producer with increasing copper exposure and geographical diversification, the analyst tells investors in a research note. The firm likes the company's operational setup but believes the stock's valuation is now broadly in line with peer average.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for HMY
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Valuation Metrics

The current forward P/E ratio for Harmony Gold Mining Company Ltd (HMY.N) is 7.30, compared to its 5-year average forward P/E of 9.15. For a more detailed relative valuation and DCF analysis to assess Harmony Gold Mining Company Ltd's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
9.15
Current PE
7.30
Overvalued PE
13.16
Undervalued PE
5.14

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
3.70
Current EV/EBITDA
3.64
Overvalued EV/EBITDA
4.41
Undervalued EV/EBITDA
2.99

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.19
Current PS
1.97
Overvalued PS
1.68
Undervalued PS
0.70

Financials

AI Analysis
Annual
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Whales Holding HMY

K
Konwave AG (Gold 2000)
Holding
HMY
+34.05%
3M Return
M
MandG Investments Southern Africa (Pty) Ltd
Holding
HMY
+28.22%
3M Return
P
Public Investment Corporation Limited
Holding
HMY
+24.74%
3M Return
S
Sanlam Investment Management (Pty) Ltd.
Holding
HMY
+18.61%
3M Return
V
Van Eck Associates Corporation
Holding
HMY
+15.69%
3M Return
O
Old Mutual Investment Group South Africa (Pty) Limited
Holding
HMY
+14.61%
3M Return

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Frequently Asked Questions

What is Harmony Gold Mining Company Ltd (HMY) stock price today?

The current price of HMY is 19 USD — it has decreased -3.01

What is Harmony Gold Mining Company Ltd (HMY)'s business?

Harmony Gold Mining Company Limited is a mining company. It acquires, explores, develops, and operates gold and uranium properties, through its underground and open-pit mines in South Africa, and its Hidden Valley open-pit mine in Papua New Guinea. Its main products are gold bullion and uranium concentrate, extracted from deep-level and surface mining operations. Its segments include South Africa Underground, Surface, and International. In South Africa, its underground operations are located within the Witwatersrand Basin, which includes one in the Klerksdorp goldfield, three in the West Rand, and five in the Free State, in the southern portion of the Witwatersrand Basin. It also has an open pit mine, Kalgold, on the Kraaipan Greenstone Belt as well as several surface treatment operations. In Papua New Guinea, it operates the Hidden Valley mine and Wafi-Golpu project. In Australia, the Company owns the Eva Copper Mine Project. It also owns CSA Copper Mine in New South Wales, Australia.

What is the price predicton of HMY Stock?

Wall Street analysts forecast HMY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HMY is20.50 USD with a low forecast of 20.50 USD and a high forecast of 20.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Harmony Gold Mining Company Ltd (HMY)'s revenue for the last quarter?

Harmony Gold Mining Company Ltd revenue for the last quarter amounts to NaN USD, decreased

What is Harmony Gold Mining Company Ltd (HMY)'s earnings per share (EPS) for the last quarter?

Harmony Gold Mining Company Ltd. EPS for the last quarter amounts to USD, decreased

How many employees does Harmony Gold Mining Company Ltd (HMY). have?

Harmony Gold Mining Company Ltd (HMY) has 34350 emplpoyees as of March 09 2026.

What is Harmony Gold Mining Company Ltd (HMY) market cap?

Today HMY has the market capitalization of 12.24B USD.