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HMY

Harmony Gold Mining Company Limited

HMY

NYSE·Basic Materials·Gold·Mkt cap $9.6B

$15.91

+4.78%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$12.58 - $26.06

P/E

6.27

Fwd P/E

Beta

0.70

Div Yield

2.71%

Avg Vol

4.7M

Shares Out

631.4M

Mkt Cap

$9.6B

Price action

Price chart

Up 6.4% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Extensive asset portfolio across multiple geographies reducing operational risk
  • Deep expertise in underground mining in the Witwatersrand Basin with established infrastructure
  • Strategic international presence with Hidden Valley and Wafi-Golpu projects
  • Decades of operational experience and proven resource management capabilities

Bear Case

1 risk

  • Low volatility (beta 0.7).

Growth

Strong growth ahead

Rising global gold prices driven by inflation hedging and geopolitical uncertainty

Value

Valuation data unavailable

Momentum

Weak

-5.8% over 3m

Quality

Strong

Exceptional business - top-tier fundamentals

Dividend

Solid

2.71% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Aug 27, 2026

LATEST RECAP

Earnings recap unavailable for this period.

EPS surprise · last 4Q

Q2 25

$0.89

Q4 25

$0.63

Q2 24

$0.76

Q4 24

$0.25

Next: Aug 27, 2026

Revenue trend · last 8Q

+5%

+38%

+48%

+18%

+23%

+25%

Q4 21

Q2 21

Q2 22

Q2 23

Q4 24

Q2 24

Q4 25

Q2 25

$1.2B

$1.3B

$1.4B

$1.9B

$1.8B

$2.2B

$2.2B

$2.8B

Margins · last 8Q

Gross

44.1%

Operating

41.6%

Profit

19.9%

Wall Street consensus

Analyst coverage

Live ratings and price targets aggregated across covering analysts.

No analyst coverage on file for this stock yet.

vs Industry

How HMY stacks vs Gold

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.