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HMY logo HMY
Upturn stock ratingUpturn stock rating
HMY logo

Harmony Gold Mining Company Limited (HMY)

Upturn stock ratingUpturn stock rating
$12.84
Delayed price
Profit since last BUY4.31%
upturn advisory
Consider higher Upturn Star rating
BUY since 9 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

03/27/2025: HMY (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

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

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit -18.3%
Avg. Invested days 29
Today’s Advisory Consider higher Upturn Star rating
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 03/27/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 9.39B USD
Price to earnings Ratio 16.78
1Y Target Price 12.61
Price to earnings Ratio 16.78
1Y Target Price 12.61
Volume (30-day avg) 6572822
Beta 1.34
52 Weeks Range 7.97 - 15.22
Updated Date 04/2/2025
52 Weeks Range 7.97 - 15.22
Updated Date 04/2/2025
Dividends yield (FY) 1.17%
Basic EPS (TTM) 0.9

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 15.68%
Operating Margin (TTM) 27.55%

Management Effectiveness

Return on Assets (TTM) 16.66%
Return on Equity (TTM) 24.78%

Valuation

Trailing PE 16.78
Forward PE -
Enterprise Value 8596114706
Price to Sales(TTM) 0.14
Enterprise Value 8596114706
Price to Sales(TTM) 0.14
Enterprise Value to Revenue 2.36
Enterprise Value to EBITDA 7.94
Shares Outstanding 622182976
Shares Floating 544752729
Shares Outstanding 622182976
Shares Floating 544752729
Percent Insiders -
Percent Institutions 25.61

Analyst Ratings

Rating 3
Target Price 10.76
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold 1
Sell -
Strong Sell -
Strong Sell -

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 expanded its operations through strategic acquisitions and exploration, becoming a significant global gold producer.

business area logo Core Business Areas

  • Underground Mining: Harmony extracts gold ore from deep underground mines in South Africa, which includes extracting, processing, and refining of gold.
  • Surface Mining: Harmony extracts gold ore from surface mines. This form of extraction is generally cheaper than underground mining.
  • Exploration and Development: Harmony invests in exploration projects to discover new gold deposits and develops existing resources to expand its mining operations.

leadership logo Leadership and Structure

Peter Steenkamp serves as Chief Executive Officer. The company has a structured organizational hierarchy with various departments overseeing operations, finance, exploration, and sustainability. The board of directors provides strategic oversight and governance.

Top Products and Market Share

overview logo Key Offerings

  • Gold Production: Harmony's primary product is gold bullion. They extract, process and sell gold on the open market. Harmony Gold's share of global gold production fluctuates but typically represents a moderate portion of the overall market. Competitors include Newmont Corporation, Barrick Gold Corporation, and AngloGold Ashanti.

Market Dynamics

industry overview logo Industry Overview

The gold mining industry is influenced by factors like gold prices, geopolitical stability, and production costs. Demand for gold is driven by investment, jewelry, and industrial applications.

Positioning

Harmony Gold is positioned as a mid-tier gold producer focusing on South African operations. Its competitive advantages include its experience in deep-level mining and a focus on cost optimization. Its future strategic positioning hinges on efficiency and productivity and innovation.

Total Addressable Market (TAM)

The global gold market is estimated to be worth hundreds of billions of dollars. Harmony Gold's position within the TAM is dependent on its annual production output and sales relative to larger competitors. Their TAM is the worldwide gold market and is dependent on their level of productivity and efficiency within their mines.

Upturn SWOT Analysis

Strengths

  • Extensive experience in deep-level mining
  • Significant gold reserves
  • Focus on operational efficiency
  • Strong relationships with local communities

Weaknesses

  • High operational costs compared to some peers
  • Dependence on South African operations
  • Exposure to political and regulatory risks in South Africa
  • Deep level mining presents technological and logistical challenges.

Opportunities

  • Exploration and development of new gold deposits
  • Expansion into other mining commodities
  • Technological advancements in mining techniques
  • Increased gold prices

Threats

  • Fluctuations in gold prices
  • Increased mining costs (energy, labor)
  • Geopolitical instability in South Africa
  • Environmental regulations and community relations

Competitors and Market Share

competitor logo Key Competitors

  • NEM
  • GOLD
  • AU
  • BVN

Competitive Landscape

Harmony Gold faces stiff competition from larger, more diversified gold producers. Its advantages lie in its South African expertise and deep-level mining capabilities. Disadvantages include higher costs and geographic concentration.

Major Acquisitions

AngloGold Ashanti's South African Assets

  • Year: 2020
  • Acquisition Price (USD millions): 300
  • Strategic Rationale: Significantly increased Harmony's South African gold production and expanded its reserve base.

Growth Trajectory and Initiatives

Historical Growth: Discuss Harmony Gold Mining Company Limited's growth trends over the past years. Data will require frequent updating due to quarterly reporting.

Future Projections: Provide projections for Harmony Gold Mining Company Limited's future growth based on analyst estimates. Data will require frequent updating due to quarterly reporting.

Recent Initiatives: Highlight recent strategic initiatives undertaken by Harmony Gold Mining Company Limited. Data will require frequent updating due to quarterly reporting.

Summary

Harmony Gold is a mid-tier gold producer with a focus on South African operations. It benefits from extensive experience in deep-level mining and cost optimization efforts. The company faces challenges related to operational costs, geopolitical risks, and gold price volatility. Strategic acquisitions and exploration efforts offer opportunities for future growth and diversification. The company needs to focus on increasing efficiency to better compete.

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Sources and Disclaimers

Data Sources:

  • Harmony Gold Mining Company Limited's annual reports
  • Industry reports from mining analysts
  • Financial news sources
  • Yahoo Finance
  • Google Finance

Disclaimers:

The data provided is based on publicly available information and analyst estimates, which are subject to change. This analysis is for informational purposes only and does not constitute financial advice. Market share data may be estimated.

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.

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