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Harmony Gold Mining Secures Acquisition of MAC Copper

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Harmony Gold Mining Secures Acquisition of MAC Copper

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Harmony Gold Mining ( (HMY) ) has shared an announcement.

On September 1, 2025, Harmony Gold Mining announced that MAC Copper Limited’s shareholders approved the sale of 100% of its issued share capital to Harmony Gold (Australia) Pty Ltd. This acquisition, pending final conditions, will add the high-grade CSA Copper mine in Australia to Harmony’s portfolio, enhancing cash flow resilience and supporting global decarbonisation trends.

The most recent analyst rating on (HMY) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Harmony Gold Mining stock, see the HMY Stock Forecast page.

Spark’s Take on HMY Stock

According to Spark, TipRanks’ AI Analyst, HMY is a Outperform.

Harmony Gold Mining’s stock is supported by a robust financial performance and positive earnings call results, with strong production and cash flow metrics. While technical analysis indicates potential resistance, the stock’s valuation is reasonable, contributing to a solid overall score.

To see Spark’s full report on HMY stock, click here.

More about Harmony Gold Mining

Harmony Gold Mining Company Limited is a South African company operating in the mining industry, primarily focused on gold mining. The company is expanding its portfolio to include copper, enhancing its market focus on future-facing metals and geographical diversification.

Average Trading Volume: 4,258,368

Technical Sentiment Signal: Buy

Current Market Cap: $8.88B

See more data about HMY stock on TipRanks’ Stock Analysis page.

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