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Harmony Gold Reports Strong Q1FY26 Performance and Strategic Copper Acquisition

Story Highlights
  • Harmony Gold reported strong Q1FY26 results with improved safety and a 20% revenue increase.
  • Harmony completed the MAC Copper acquisition, expanding its strategic role in renewable energy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harmony Gold Reports Strong Q1FY26 Performance and Strategic Copper Acquisition

Meet Your ETF AI Analyst

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

Harmony Gold Mining Company Limited reported a strong operational performance for the quarter ending September 30, 2025, with significant improvements in safety, operational excellence, and financial metrics. The company achieved a loss-of-life-free quarter, improved its lost-time injury frequency rate, and saw a 20% increase in gold revenue due to a higher gold price. Notably, Harmony completed the acquisition of MAC Copper, marking a strategic move to expand its copper portfolio, which is essential for the global energy transition. The acquisition supports Harmony’s strategy to grow as a global gold and copper producer, reinforcing its role in the renewable energy sector and positioning it for long-term demand. The company’s balance sheet remains robust, with increased cash flow and liquidity, enabling continued investment in growth projects and operational resilience.

The most recent analyst rating on (HMY) stock is a Buy with a $20.00 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 overall stock score is driven by its strong financial performance and positive earnings call, which highlight robust growth and strategic initiatives for future expansion. The technical analysis and valuation suggest a neutral outlook, with fair valuation and moderate income potential. The absence of significant corporate events does not impact the score.

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

More about Harmony Gold Mining

Harmony Gold Mining Company Limited is a prominent player in the mining industry, primarily focusing on gold production with a strategic expansion into copper. The company operates some of the world’s deepest mines and is committed to enhancing its portfolio resilience and sustainability through strategic acquisitions and disciplined capital management.

Average Trading Volume: 5,897,465

Technical Sentiment Signal: Buy

Current Market Cap: $10.99B

Find detailed analytics on HMY stock on TipRanks’ Stock Analysis page.

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