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Harmony Gold Mining Company Limited (HMY)

Upturn stock ratingUpturn stock rating
$14.99
Last Close (24-hour delay)
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Upturn Advisory Summary

09/16/2025: HMY (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $15

1 Year Target Price $15

Analysts Price Target For last 52 week
$15 Target price
52w Low $7.91
Current$14.99
52w High $18.77

Analysis of Past Performance

Type Stock
Historic Profit -19.12%
Avg. Invested days 28
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/16/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 9.46B USD
Price to earnings Ratio 11.47
1Y Target Price 15
Price to earnings Ratio 11.47
1Y Target Price 15
Volume (30-day avg) 2
Beta 0.33
52 Weeks Range 7.91 - 18.77
Updated Date 09/16/2025
52 Weeks Range 7.91 - 18.77
Updated Date 09/16/2025
Dividends yield (FY) 1.18%
Basic EPS (TTM) 1.31

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-08-28
When -
Estimate -
Actual -

Profitability

Profit Margin 19.47%
Operating Margin (TTM) 30.44%

Management Effectiveness

Return on Assets (TTM) 19.41%
Return on Equity (TTM) 32.52%

Valuation

Trailing PE 11.47
Forward PE -
Enterprise Value 8814995030
Price to Sales(TTM) 0.13
Enterprise Value 8814995030
Price to Sales(TTM) 0.13
Enterprise Value to Revenue 2.07
Enterprise Value to EBITDA 5.73
Shares Outstanding 622552000
Shares Floating 547050070
Shares Outstanding 622552000
Shares Floating 547050070
Percent Insiders -
Percent Institutions 25.48

ai summary icon Upturn AI SWOT

Harmony Gold Mining Company Limited

stock logo

Company Overview

overview logo History and Background

Harmony Gold Mining Company Limited was founded in 1950. Initially focused on the Witwatersrand Basin in South Africa, it has expanded to become a global gold producer through strategic acquisitions and organic growth.

business area logo Core Business Areas

  • Underground Mining: Extraction of gold ore from underground mines. This is a major segment contributing significant revenue.
  • Surface Mining: Extraction of gold ore from surface operations. This complements underground mining activities.
  • Processing: Processing of extracted ore to produce gold bullion. This involves crushing, milling, and refining operations.

leadership logo Leadership and Structure

Peter Steenkamp serves as the Chief Executive Officer. The organizational structure includes various operational divisions overseeing mining and processing activities, as well as corporate functions such as finance, legal, and investor relations.

Top Products and Market Share

overview logo Key Offerings

  • Competitors: Newmont (NEM), Barrick Gold (GOLD), AngloGold Ashanti (AU)
  • Gold Bullion: Primary product. Revenue from gold sales constitutes the bulk of the company's income. They do not have the largest market share but compete globally with other large mining companies.

Market Dynamics

industry overview logo Industry Overview

The gold mining industry is influenced by factors such as gold prices, geopolitical events, inflation, and interest rates. Demand is driven by investment, jewelry, and industrial applications.

Positioning

Harmony Gold is a mid-tier gold producer. Its competitive advantages include its expertise in deep-level mining and its geographic diversification. Its main disadvantage is higher cost of production and regulatory uncertainty.

Total Addressable Market (TAM)

The global gold market is estimated to be worth hundreds of billions of dollars annually. Harmony Gold has positioned itself to capture a portion of this market through its production capacity and strategic investments.

Upturn SWOT Analysis

Strengths

  • Deep-level mining expertise
  • Geographic diversification
  • Strong operational track record

Weaknesses

  • High production costs relative to peers
  • Exposure to South African regulatory risks
  • Operational challenges in some mines

Opportunities

  • Exploration potential in existing mining areas
  • Acquisition of new mining assets
  • Expansion into other commodities

Threats

  • Fluctuations in gold prices
  • Increasing operating costs
  • Geopolitical risks
  • Environmental regulations

Competitors and Market Share

competitor logo Key Competitors

  • Newmont (NEM)
  • Barrick Gold (GOLD)
  • AngloGold Ashanti (AU)
  • Kinross Gold (KGC)

Competitive Landscape

Harmony Gold's strengths include its deep-level mining expertise and geographic diversification. Its disadvantages include higher production costs and exposure to regulatory risks compared to some of its competitors. Market shares are constantly changing due to acquisitions and mine production updates.

Major Acquisitions

Hidden Valley Mine

  • Year: 2016
  • Acquisition Price (USD millions): 265
  • Strategic Rationale: Expansion into Papua New Guinea

Growth Trajectory and Initiatives

Historical Growth: Harmony Gold's growth has been driven by acquisitions, organic production increases, and changes in gold prices. Growth has been unsteady in recent years due to operational challenges and fluctuations in global gold prices.

Future Projections: Future projections would require analyst estimates. Analysts predictions for gold prices is required.

Recent Initiatives: Strategic initiatives include cost reduction programs, exploration projects, and acquisitions to expand the company's resource base.

Summary

Harmony Gold is a mid-tier gold producer with expertise in deep-level mining. While it has strengths in diversification and operations, its higher production costs and regulatory risks pose challenges. Fluctuating gold prices and operating costs influence its profitability, while strategic initiatives aim to bolster long-term growth. Its current overall rating is average, given its position in the market.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Analyst Reports
  • Industry Publications

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market conditions can change rapidly, and investors should conduct their own due diligence.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Harmony Gold Mining Company Limited

Exchange NYSE
Headquaters -
IPO Launch date 1996-09-30
Group CEO & Executive Director Mr. Beyers B. Nel BEng, BSc, MBA
Sector Basic Materials
Industry Gold
Full time employees 34715
Full time employees 34715

Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australasia. The company explores for gold, uranium, silver, and copper deposits. It has eight 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 Rosby and Eva Copper Project located in Queensland, Australia. The company was incorporated in 1950 and is based in Randfontein, South Africa.