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Harmony Gold Mining Co. Ltd (HMY)
NYSE:HMY
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Harmony Gold Mining (HMY) Price & Analysis

1,146 Followers

HMY Stock Chart & Stats

$18.67
$0.19(2.25%)
At close: 4:00 PM EST
$18.67
$0.19(2.25%)

Bulls Say, Bears Say

Bulls Say
High Margins And Revenue GrowthConsistently high gross, EBITDA and net margins alongside double-digit revenue growth demonstrate durable operational efficiency. These margins provide structural cash flow resilience through commodity cycles, supporting reinvestment in mines, sustaining capital and shareholder returns over the medium term.
Conservative Balance Sheet And High ROEVery low leverage and a strong equity base give Harmony financial flexibility to fund extensions and projects without material refinancing risk. High ROE signals efficient capital allocation, enabling sustained investment in growth projects while limiting balance-sheet vulnerability to shocks.
Strong Cash Generation And Improving FCFHealthy operating cash conversion and mid-teens FCF growth indicate durable internal funding capacity. Persistent cash generation supports project development (eg. copper projects and extensions), dividend policy and the ability to self-fund growth without excessive equity issuance over a multi-quarter horizon.
Bears Say
Fatal Safety IncidentsMultiple recent fatalities highlight ongoing safety risks at deep-level operations, inviting sustained regulatory scrutiny and potential operational restrictions. Such incidents can lead to longer-term costs from tighter controls, production interruptions and reputational pressure affecting stakeholder and community relations.
Planned Lower Output During Major Project WorkPlanned production dips while advancing capital-intensive extensions can compress near-term volumes and raise unit costs. Multi-quarter transitions risk delayed ramp-ups or cost overruns, creating structural production and cashflow variability until new zones reach steady-state output.
Earnings Exposed To Gold Price And FX SwingsDependence on USD-priced gold while costs are largely denominated in rand and kina creates persistent earnings volatility from FX shifts and gold price cycles. This structural exposure can materially affect margins and cash generation across quarters unless hedging or natural currency offsets are scaled up.

Harmony Gold Mining News

HMY FAQ

What was Harmony Gold Mining Co. Ltd’s price range in the past 12 months?
Harmony Gold Mining Co. Ltd lowest stock price was $12.58 and its highest was $26.06 in the past 12 months.
    What is Harmony Gold Mining Co. Ltd’s market cap?
    Harmony Gold Mining Co. Ltd’s market cap is $9.91B.
      When is Harmony Gold Mining Co. Ltd’s upcoming earnings report date?
      Harmony Gold Mining Co. Ltd’s upcoming earnings report date is Aug 27, 2026 which is in 58 days.
        How were Harmony Gold Mining Co. Ltd’s earnings last quarter?
        Harmony Gold Mining Co. Ltd released its earnings results on Mar 11, 2026. The company reported $0.869 earnings per share for the quarter, missing the consensus estimate of $0.955 by -$0.086.
          Is Harmony Gold Mining Co. Ltd overvalued?
          According to Wall Street analysts Harmony Gold Mining Co. Ltd’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Harmony Gold Mining Co. Ltd pay dividends?
            Harmony Gold Mining Co. Ltd pays a Semiannually dividend of $0.319 which represents an annual dividend yield of 0.87%. See more information on Harmony Gold Mining Co. Ltd dividends here
              What is Harmony Gold Mining Co. Ltd’s EPS estimate?
              Harmony Gold Mining Co. Ltd’s EPS estimate is 1.38.
                How many shares outstanding does Harmony Gold Mining Co. Ltd have?
                Harmony Gold Mining Co. Ltd has 636,798,950 shares outstanding.
                  What happened to Harmony Gold Mining Co. Ltd’s price movement after its last earnings report?
                  Harmony Gold Mining Co. Ltd reported an EPS of $0.869 in its last earnings report, missing expectations of $0.955. Following the earnings report the stock price went down -10.979%.
                    Which hedge fund is a major shareholder of Harmony Gold Mining Co. Ltd?
                    Currently, no hedge funds are holding shares in HMY
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Harmony Gold Mining Co. Ltd

                      Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australia. The company explores for gold, uranium, silver, and copper deposits. It has nine underground operations in the Witwatersrand Basin; the Kraaipan Greenstone Belt; and various surface source operations in South Africa. In addition, the company owns interests in the Hidden Valley, an open-pit gold and silver mine; and the Wafi-Golpu project located in Morobe Province in Papua New Guinea. Further, it holds interest in Eva Copper Project located in Queensland, Australia. Harmony Gold Mining Company Limited was incorporated in 1950 and is based in Randfontein, South Africa.

                      Harmony Gold Mining (HMY) Earnings & Revenues

                      HMY Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call presented a strong beat-and-raise message: material profit growth, margin expansion, loan book reacceleration and demonstrable operating leverage from Stellare 2.0. Management upgraded FY26 guidance and laid out credible product and distribution initiatives (mobile app, auto, revolving credit) to accelerate the customer flywheel. Lowlights were limited and largely manageable: a slight uptick in credit losses (still within target), FX headwinds to reported balances, early-stage nature of new products and modest provisioning adjustments. Funding and liquidity appear well-covered, and the business remains capital-efficient. Overall, the positives — significant profit and margin gains, strong ROE, clear scalability and an upgraded outlook — materially outweigh the negatives.View all HMY earnings summaries
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                      Ownership Overview

                      1.78%1.61%90.10%
                      Insiders
                      1.61% Other Institutional Investors
                      90.10% Public Companies and
                      Individual Investors
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