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

1,154 Followers

HMY Stock Chart & Stats

$22.95
$0.00(0.00%)
At close: 4:00 PM EDT
$22.95
$0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
Consistent Production And Cost ExecutionRepeatedly meeting production, grade and cost guidance indicates strong operating discipline and planning capability. This consistency improves production visibility, supports reliable cash generation and helps management fund mine development through commodity cycles.
Copper Diversification And Expanding Resource BaseCSA and Eva broaden Harmony beyond gold and create a second commodity platform with meaningful resource growth. Copper reserves and resources provide longer-term production optionality, while reducing reliance on a single metal over the investment horizon.
Strong Cash Generation And Conservative LeverageRobust operating cash flow and very low leverage give Harmony flexibility to sustain mines, advance copper projects and return capital without relying heavily on new borrowing. This financial capacity is a durable advantage when mining conditions weaken.
Bears Say
Gold-price And Commodity-cycle ExposureDespite strong FY2026 margins, earnings remain exposed to gold and copper prices, while labor, power and consumable costs can rise independently. The prior loss demonstrates that profitability and cash generation can contract materially during an adverse cycle.
High Reinvestment Needs Limit Free-cash-flow ConversionHealthy operating cash flow does not fully translate into discretionary free cash flow because sustaining capital, growth investment or working capital absorb a substantial share of profits. This can constrain dividends, debt reduction and project funding in weaker periods.
Execution, Regulatory And Liability Risks In Growth AssetsDeeper CSA operations require additional ventilation work, and Eva's first-copper target depends on environmental approvals. Together with material contingent liabilities, these issues create potential cost, timing and production risks as Harmony expands.

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 $13.03 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 $12.95B.
      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 179 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 $1.29 earnings per share for the quarter.
          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 1.92%. 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 1.68.
                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 $1.29 in its last earnings report. Following the earnings report the stock price went down -6.242%.
                    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

                      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 HMY earnings summaries
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                      Ownership Overview

                      1.78%1.42%90.03%
                      Insiders
                      1.42% Other Institutional Investors
                      90.03% Public Companies and
                      Individual Investors
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