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Harmony Gold Mining Company Limited HMY · Stock Open Harmony Gold Mining Company Limited in new tab

16.09 USD
P/E
10.31
EPS
1.56
Yield
2.71%
Safety Score
92
P/B
3.18
ROE
33.49
Beta
0.71
Target Price
23.01 USD
Harmony Gold Mining Company Limited logo

Harmony Gold Mining Company Limited

🧾 Earnings Recap – Q4 2025

Harmony delivered robust financial results in FY ‘25, achieving record cash flows and maintaining consistent production while enhancing safety protocols. The company reported a 26% increase in headline earnings per share and reached the upper end of its gold production guidance.

  • Adjusted free cash flow surged 54% to over ZAR 11 billion at a 16% margin.
  • Headline earnings per share rose 26% to ZAR 23.37; a record final dividend of ZAR 2.4 billion was declared.
  • Gold production hit 46 tonnes (1.48 million ounces), consistent with production guidance, while maintaining all-in sustaining costs at ZAR 1.05 million per kilogram (approximately USD 1,800 per ounce).
  • Achieved the lowest ever Lost-Time Injury Frequency Rate (LTIFR) in company history, reflecting a commitment to improving safety culture.
  • The operational strategy focuses on high-quality ore bodies and disciplined cost management to ensure resilience across commodity cycles.
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Key Metrics
Earnings dateSept. 1, 2026
P/E10.31
EPS1.56
Book Value5.06
Price to Book3.18
Debt/Equity25.47
% Insiders0.012%
Growth
Revenue Growth0.20%
Earnings Growth0.23%
Estimates
Forward P/E4.82
Forward EPS3.34
Target Mean Price23.01
Dividend
Dividend Yield2.71%
Annual dividends6.85 USD
Ex-Div. DateApril 24, 2026
Payout15.29%
5y avg Yield2.41%

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Harmony Gold Mining Company Limited Logo Harmony Gold Mining Company Limited Analysis (HMY)

South Africa Materials Official Website Stock

Is Harmony Gold Mining Company Limited a good investment? Harmony Gold Mining Company Limited (HMY) is currently trading at 16.09 USD. Market analysts have a consensus price target of 23.01 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 10.31. This relatively low multiple may signal that Harmony Gold Mining Company Limited is undervalued compared to historical market norms.

Earnings Schedule: Harmony Gold Mining Company Limited is expected to release its next earnings report on Sept. 1, 2026. The market consensus estimate for Forward EPS is 3.34.

For income investors, Harmony Gold Mining Company Limited pays a dividend yield of 2.71%. With a payout ratio of 15%, the dividend appears sustainable.

Investor FAQ

Does Harmony Gold Mining Company Limited pay a dividend?

Yes, it pays an annual dividend of 6.85 USD (2.71% yield).

What asset class is Harmony Gold Mining Company Limited?

Harmony Gold Mining Company Limited is classified as a Stock. You can compare it against 4 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be Sept. 1, 2026. The company currently has a trailing EPS of 1.56.

Company Profile

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.

Exchange Ticker
BUE (Argentina) HMY.BA
NYQ (United States) HMY
FRA (Germany) HAM1.F
FRA (Germany) HAM.F
Trades
Dividend Yield
2.71%
5y avg 2.41%
Annual Dividends
6.85USD
Next Ex. Div Date
April 24, 2026
Payout Ratio
15.29%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
0.31 USD
May 5, 2027 (estimated) 0.3120
2026
0.38 USD
Oct. 23, 2026 (estimated) 0.0704
May 5, 2026 0.3120
2025
0.19 USD
Oct. 20, 2025 0.0710
April 21, 2025 0.1200
2024
0.13 USD
Oct. 21, 2024 0.0520
April 22, 2024 0.0780
2023
0.04 USD
Oct. 23, 2023 0.0400
2022
0.04 USD
Oct. 24, 2022 0.0130
April 18, 2022 0.0260
2021
0.09 USD
Oct. 25, 2021 0.0190
April 26, 2021 0.0730
2017
0.07 USD
Oct. 23, 2017 0.0270
March 27, 2017 0.0380
2016
0.04 USD
Sept. 26, 2016 0.0370
2013
0.06 USD
March 18, 2013 0.0560
2012
0.11 USD
Sept. 24, 2012 0.0610
March 19, 2012 0.0530
2011
0.08 USD
Sept. 29, 2011 0.0840
2010
0.07 USD
Sept. 30, 2010 0.0690
2009
0.06 USD
Oct. 1, 2009 0.0640
2004
0.10 USD
Sept. 1, 2004 0.0460
March 3, 2004 0.0560
2003
0.35 USD
Sept. 3, 2003 0.2010
Feb. 26, 2003 0.1450
2002
0.47 USD
Aug. 28, 2002 0.4010
Feb. 13, 2002 0.0660
2001
0.15 USD
Aug. 15, 2001 0.0850
Feb. 14, 2001 0.0640
2000
0.14 USD
Aug. 2, 2000 0.1010
Feb. 9, 2000 0.0400
1999
0.12 USD
Aug. 4, 1999 0.0400
Feb. 17, 1999 0.0798
1995
0.11 USD
Aug. 9, 1995 0.1090
Upcoming Dividends
Name Payment Date Status Amount
Harmony Gold Mining Company Limited May 05, 2026 0.312 USD
Harmony Gold Mining Company Limited Oct 20, 2025 0.070998 USD
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