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Harmony Gold Mining Co. Ltd (DE:HAM)
FRANKFURT:HAM

Harmony Gold Mining (HAM) Price & Analysis

4 Followers

HAM Stock Chart & Stats

€18.90
€0.50(3.79%)
At close: 4:00 PM EDT
€18.90
€0.50(3.79%)

Bulls Say, Bears Say

Bulls Say
Consistent Gold ProductionRepeatedly meeting production and cost guidance demonstrates operational discipline across the mining portfolio. This consistency improves planning reliability, supports steadier cash generation, and strengthens management credibility over the next several reporting periods despite the inherent volatility of gold mining.
Copper Portfolio ExpansionThe enlarged copper resource and reserve base supports Harmony’s transition toward a more diversified multi-commodity producer. CSA provides current copper output while Eva and exploration offer longer-term growth, reducing reliance on a single metal over the medium term.
Strong Cash Generation And Low LeverageRecord free cash flow combined with very low net leverage gives Harmony meaningful financial flexibility. The company can fund mine development, copper expansion and shareholder returns while retaining capacity to absorb operating volatility or manage acquisition-related obligations.
Bears Say
Commodity-Cycle Earnings VolatilityHarmony’s profitability remains exposed to changes in gold and other commodity prices, as well as mining cost inflation. The prior loss illustrates that strong current margins may not persist through weaker pricing or cost conditions, making medium-term earnings and cash flow inherently cyclical.
CSA Ventilation ConstraintsUnresolved ventilation constraints can limit access to deeper, higher-grade areas and require further infrastructure investment before production potential is fully unlocked. Management’s comment that the worst is not yet behind the company indicates continuing execution risk at CSA.
Eva Copper Regulatory RiskEva Copper’s development depends on environmental approvals linked to an endangered species, creating a risk of permitting delay or changed execution requirements. Although management maintains its timeline, unresolved regulatory outcomes could defer production and increase project complexity.

Harmony Gold Mining News

HAM 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 €10.75 and its highest was €22.00 in the past 12 months.
    What is Harmony Gold Mining Co. Ltd’s market cap?
    Harmony Gold Mining Co. Ltd’s market cap is €8.29B.
      When is Harmony Gold Mining Co. Ltd’s upcoming earnings report date?
      Harmony Gold Mining Co. Ltd’s upcoming earnings report date is Mar 03, 2027 which is in 122 days.
        How were Harmony Gold Mining Co. Ltd’s earnings last quarter?
        Harmony Gold Mining Co. Ltd released its earnings results on Aug 27, 2026. The company reported €1.705 earnings per share for the quarter, beating the consensus estimate of €1.151 by €0.554.
          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 does not currently pay dividends.
            What is Harmony Gold Mining Co. Ltd’s EPS estimate?
            Harmony Gold Mining Co. Ltd’s EPS estimate is 1.26.
              How many shares outstanding does Harmony Gold Mining Co. Ltd have?
              Harmony Gold Mining Co. Ltd has 638,855,040 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 €1.705 in its last earnings report, beating expectations of €1.151. Following the earnings report the stock price went down -8.466%.
                  Which hedge fund is a major shareholder of Harmony Gold Mining Co. Ltd?
                  Currently, no hedge funds are holding shares in DE:HAM
                  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

                    Harmony Gold Mining Stock Smart Score

                    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 (HAM) Earnings & Revenues

                    HAM Company Deck

                    HAM Earnings Call

                    Q4 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call conveyed a strongly positive financial and operational performance with record revenue, substantial free cash flow growth, higher earnings per share, robust shareholder returns and meaningful increases in copper resources and reserves. Operationally, management met gold production and cost guidance and reported encouraging CSA integration and exploration results. However, notable cautions include roughly ZAR 10 billion of one-off cash impacts that weighed on consensus cash flow, remaining contingent liabilities (~ZAR 2.1 billion), operational constraints at CSA that require further work (ventilation) and regulatory uncertainty at Eva Copper; a portion of the portfolio upside is described as conceptual. Overall the positive financial and resource/operational momentum materially outweighs the identified execution and contingent risks.View all DE:HAM earnings summaries
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