Harmony Gold Mining Company Limited (HMY)


Harmony Gold Mining Company Limited is a South African mining group whose ordinary shares are represented on the New York Stock Exchange through an ADR depositary receipt. The company is involved in the exploration, extraction, and processing of mineral properties across South Africa, Papua New Guinea, and Australia. Its activities focus on gold, while also including uranium, silver, and copper deposits. Harmony Gold operates nine underground mines and surface operations in South Africa, with additional interests in the Hidden Valley open-pit mine, the Wafi-Golpu project in Papua New Guinea, and the Eva Copper Project in Queensland, Australia. Incorporated in 1950 and based in Randfontein, South Africa, the company is classified in the materials sector and metals and mining industry.


Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NYSE-HMY
$20.55
34.5% Upside
Undervalued
$20.73
35.6% Upside
Undervalued
Great
0.3259
3.6%
August 27, 2026
9.6x
3.0x
1.9x
9.085 B
9.831 B
8.2%
87.1%
5.5
14.9%
68.5%
Valuation • Fair Value

Harmony Gold Mining Company Limited (NYSE-HMY) Fair Value by Valuation Model

Compare the primary fair value estimate for Harmony Gold Mining Company Limited (NYSE-HMY) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

$20.55

Estimated upside of 34.5% versus the current market price.

Fair Value Confidence

Med

Confidence level for the primary fair value estimate.

DCF Fair Value

$25.68

Discounted cash flow valuation reference.

Ben Graham Formula Value

$17.50

Classic Ben Graham valuation formula reference.

DDM Fair Value

NM

Dividend discount model valuation reference.

EPV Fair Value

$11.11

Earnings power value estimate.

Comps Fair Value

$17

Comparable-company valuation reference.

Analyst Price Target

$20.73

Analysts imply upside of 35.6%.

How to read these valuation models

Use this section to compare the primary fair value estimate for Harmony Gold Mining Company Limited (NYSE-HMY) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for Harmony Gold Mining Company Limited (NYSE-HMY)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

4.901 B

Current operating scale indicator.

Revenue Forecast

5.885 B

Forward revenue estimate.

EBITDA

1.86 B

Current operating profitability reference.

EBITDA Forecast

2.899 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Harmony Gold Mining Company Limited (NYSE-HMY) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Harmony Gold Mining Company Limited (NYSE-HMY)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Great

Positive financial-health read.

Piotroski Score

4

Mid-range quality score.

Beneish M-Score

-3.30

No elevated caution signal from this screen.

Altman Z-Score

5.5

Relatively strong balance-sheet zone.

FCF / Net Income

68.5%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Harmony Gold Mining Company Limited (NYSE-HMY). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Harmony Gold Mining Company Limited (NYSE-HMY)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

August 27, 2026

Days to Earnings

37

Dividend Payment Date

Not available

Ex-Dividend Date

Not available

Dividend Yield

3.6%

Income yield reference.

Upcoming Dividend

0.3259

Upcoming distribution amount.

Payment Type

Not available

Data is currently unavailable.

Dividend Currency

USD

Currency used for the distribution.

Payout Ratio

14.9%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Harmony Gold Mining Company Limited (NYSE-HMY), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Harmony Gold Mining Company Limited (NYSE-HMY) Stock Forecast & Technical Outlook

Review Harmony Gold Mining Company Limited (NYSE-HMY) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Buy

The 15-minute technical read for Harmony Gold Mining Company Limited (NYSE-HMY) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Buy

The 1-hour technical read for Harmony Gold Mining Company Limited (NYSE-HMY) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Sell

The daily technical read for Harmony Gold Mining Company Limited (NYSE-HMY) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Sell

The weekly technical read for Harmony Gold Mining Company Limited (NYSE-HMY) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Neutral

The monthly technical read for Harmony Gold Mining Company Limited (NYSE-HMY) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Harmony Gold Mining Company Limited (NYSE-HMY)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Hold

Based on the available recommendation mix, Harmony Gold Mining Company Limited (NYSE-HMY) has a Hold consensus, with 1 buy, 2 hold and 0 sell recommendations in the current data set.

Buy 1
Hold 2
Sell 0
FAQ Fast Investor Answers

Harmony Gold Mining Company Limited (NYSE-HMY) Stock FAQ

Quick answers about Harmony Gold Mining Company Limited (NYSE-HMY) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
$20.55
Estimated upside 34.5%
Valuation Rating
Undervalued
Estimated upside of 34.5%
Analyst Target
$20.73
Implied upside 35.6%
Financial Health
Great
Current financial-health read

The current fair value estimate for Harmony Gold Mining Company Limited (NYSE-HMY) is $20.55. This implies an estimated upside of 34.5% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 34.5% versus the current market price.

The available analyst price target for Harmony Gold Mining Company Limited (NYSE-HMY) is $20.73. The analyst target implies estimated upside of 35.6%.

The current financial health read for Harmony Gold Mining Company Limited (NYSE-HMY) is Great. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Harmony Gold Mining Company Limited (NYSE-HMY) is August 27, 2026.

Based on the current data, dividend yield is 3.6%, upcoming dividend amount is 0.3259.

The current P/E ratio listed for Harmony Gold Mining Company Limited (NYSE-HMY) is 9.6x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Harmony Gold Mining Company Limited is 9.085 B.

The current enterprise value listed for Harmony Gold Mining Company Limited is 9.831 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Harmony Gold Mining Company Limited is NYSE-HMY, and the stock is listed on NYSE.

Harmony Gold Mining Company Limited (NYSE-HMY) is listed on NYSE.

The current debt-to-total-capital ratio listed for Harmony Gold Mining Company Limited is 8.2%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Harmony Gold Mining Company Limited is 87.1%. Free float helps investors understand how much of the share base is available for public trading.