Harmony Gold Mining Company Limited

JSE:HAR Lagerbericht

Marktkapitalisierung: R177.7b

Harmony Gold Mining Management

Management Kriterienprüfungen 3/4

Harmony Gold Mining CEO ist Beyers Nel , ernannt in Jan 2025, hat eine Amtszeit von 1.33 Jahren. Die jährliche Gesamtvergütung beträgt ZAR17.20M , bestehend aus 52.5% Gehalt und 47.5% Boni, einschließlich Aktien und Optionen des Unternehmens. besitzt direkt 0.023% der Aktien des Unternehmens, im Wert von ZAR41.67M . Die durchschnittliche Betriebszugehörigkeit des Managementteams und des Verwaltungsrats beträgt 1.9 Jahre bzw. 6.6 Jahre.

Wichtige Informationen

Beyers Nel

Geschäftsführender

R17.2m

Gesamtvergütung

Prozentsatz des Geschäftsführergehalts52.54%
Amtszeit als Geschäftsführer1.3yrs
Eigentum des Geschäftsführers0.02%
Durchschnittliche Amtszeit des Managements1.9yrs
Durchschnittliche Amtszeit der Vorstandsmitglieder6.6yrs

Jüngste Management Updates

Recent updates

Narrativ-Update Apr 29

HAR: Dividend Strength And Steady Guidance Will Support Further Share Upside

Analysts have reiterated their ZAR fair value estimate for Harmony Gold Mining while fine tuning their inputs, including a slightly higher discount rate, modestly stronger revenue growth and profit margin assumptions, and a marginally lower future P/E. Together, these adjustments leave the overall price target in ZAR terms unchanged.
Analyseartikel Apr 16

Should You Be Adding Harmony Gold Mining (JSE:HAR) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Narrativ-Update Apr 15

HAR: Updated Costs And Margin Outlook Will Shape Future Return Balance

Analysts have trimmed their price target on Harmony Gold Mining from ZAR330 to ZAR300, citing updated assumptions that combine higher projected revenue growth with a lower profit margin outlook and a slightly reduced future P/E multiple. What's in the News Reported gold production of 724,099 oz, or 22,522 kg, for the six months ended 31 December 2025, compared with 797,854 oz, or 24,816 kg, a year earlier, with management attributing a 9% decline to temporary challenges in the second quarter of fiscal 2026 (company announcement of operating results).
Narrativ-Update Apr 01

HAR: Earnings Guidance And Dividend Payout Will Support Future Upside

Analysts have raised their ZAR price target for Harmony Gold Mining to ZAR500, citing slightly firmer long term revenue growth, profit margins, and a lower projected future P/E multiple that together support maintaining this fair value level. What's in the News Reported gold production of 724,099 oz (22,522 kg) for the six months ended 31 December 2025, compared with 797,854 oz (24,816 kg) a year earlier, with a 9% decline linked to temporary challenges in the second quarter of fiscal 2026 (Key Developments).
Narrativ-Update Mar 18

HAR: Higher Earnings Guidance And Dividend Payout Will Support Future Upside

Analysts have trimmed their price target on Harmony Gold Mining from ZAR515 to ZAR500 as they factor in updated assumptions for revenue growth, profit margins, the discount rate, and the expected future P/E multiple. What's in the News Reported gold production of 724,099 oz (22,522 kg) for the six months ended 31 December 2025, compared with 797,854 oz (24,816 kg) a year earlier, reflecting a 9% decline linked to temporary challenges in the second quarter of fiscal 2026 (company announcement of operating results).
Narrativ-Update Mar 03

HAR: Higher Margin Outlook And Copper Project Will Shape Balanced Future Returns

Analysts have raised their ZAR fair value estimate for Harmony Gold Mining from about ZAR270 to ZAR330, citing updated assumptions that include higher revenue growth, a wider profit margin, and a lower future P/E multiple applied to the shares. What's in the News Thiess has entered an alliance agreement with Harmony Gold Mining for multiple work packages at the greenfield Eva Copper Mine Project in Cloncurry, North West Queensland, Australia.
Narrativ-Update Feb 17

HAR: Eva Copper Project And Alliance Agreement Will Support Future Upside

Analysts have kept their Harmony Gold Mining fair value estimate steady at ZAR515.00, with updated assumptions reflecting a slightly lower discount rate, marginally adjusted revenue, a modestly higher profit margin, and a slightly lower future P/E multiple. What's in the News Thiess entered an alliance agreement with Harmony for multiple work packages at the greenfield Eva Copper Mine Project in Cloncurry, North West Queensland, including bulk earthworks, workshop construction and mining services over five years, with the mining scope valued at about A$700m (Key Developments).
Narrativ-Update Feb 03

HAR: Eva Copper Project Approval Will Underpin A More Optimistic Outlook

Analysts have adjusted their fair value estimate for Harmony Gold Mining from $320 to $515, citing updated assumptions for revenue growth, profit margins, and future P/E levels as key drivers of the new price target. What's in the News Harmony Gold Mining approved the high margin, long life Eva Copper Project after completing a three year feasibility study update and FEED phase with Tier 1 contractors.
Narrativ-Update Jan 20

HAR: Copper Project And Payout Policy Will Support Balanced Medium Term Outlook

Analysts have lifted their fair value estimate for Harmony Gold Mining from $370.00 to $385.00, citing updated assumptions around revenue growth, profit margins and future P/E that feed into a slightly lower discount rate in their models. What's in the News Harmony approved the high margin, long life Eva Copper Project after completing a three year feasibility study update and FEED phase with Tier 1 contractors, which the company says has further reduced project risk.
Narrativ-Update Jan 06

HAR: Copper Expansion And Payout Policy Will Support Balanced Medium Term Outlook

Analysts have nudged their price target for Harmony Gold Mining up slightly, with fair value moving from $365.00 to $370.00 as they factor in updated assumptions around the discount rate, long term revenue growth, profit margins, and a future P/E of 12.46x. What's in the News Approved high margin, long life EVA COPPER PRO project after a three year feasibility study and FEED phase using Tier 1 contractors.
Narrativ-Update Dec 18

HAR: Higher Multiple And Copper Project Will Eventually Disappoint Expectations

Analysts have raised their price target for Harmony Gold Mining from approximately $220 to about $270 per share. They cite a higher discount rate, lower long term revenue growth and profit margin assumptions, and a rerating to a richer future P/E multiple that together better reflect the company’s risk profile and earnings quality.
Narrativ-Update Dec 04

HAR: Copper Project And Payout Policy Will Shape Balanced Medium Term Outlook

Analysts have raised their price target for Harmony Gold Mining to around $365 from $337, reflecting higher assumed revenue growth and valuation multiples, despite more conservative margins and only a modest uptick in the discount rate. What's in the News Approved the high margin, long life Eva Copper Project after completing a three year feasibility update and FEED phase with Tier 1 contractors, significantly de risking the development pipeline and expanding exposure to copper alongside gold (Key Developments) Targeting first copper production from the Eva Project in the second half of calendar 2028, with ramp up timing planned to coincide with an anticipated structural copper supply gap that could support stronger long term pricing (Key Developments) Independent analysis estimates the Eva Copper Project could add over AUD 17 billion to Queensland's gross state product over its anticipated 15 year mine life, while creating substantial construction and operational employment in the North West region (Key Developments) Reported first quarter fiscal 2026 production, with group gold output down 8 percent year over year to 12 128 kg, but confirmed operations remain on track to meet full year guidance (Key Developments) Valuation Changes The fair value estimate has increased from ZAR 337.5 to ZAR 365.0, representing a moderate upward revision in the analyst price target.
Narrativ-Update Nov 19

HAR: Dividend Payout And Strong 2026 Production Guidance Will Drive Upside

Analysts have slightly increased their price target for Harmony Gold Mining from $336.67 to $337.50. They cite modest improvements in projected revenue growth and discount rates as the reasons for this adjustment.
Narrativ-Update Nov 05

HAR: Revenue Gains And Margin Expansion Will Drive Share Upside

Analysts have increased their price target for Harmony Gold Mining from $330.71 to $336.67. They cite improving revenue growth and expanding profit margins as key factors behind the more optimistic outlook.
Narrativ-Update Oct 22

Analysts Lift Harmony Gold Price Target Amid Improved Profit Outlook and Updated Production Guidance

Analysts have increased their price target for Harmony Gold Mining from $295.71 to $330.71, citing a modest improvement in projected profitability despite slightly lower expectations for revenue growth. What's in the News Harmony Gold Mining released production guidance for fiscal year 2026, forecasting group output between 1,400,000 and 1,500,000 ounces.
Narrativ-Update Oct 08

Safe-haven Demand And Renewables Will Unlock Lasting Potential

Analysts have raised their price target for Harmony Gold Mining from $290 to approximately $295.71, citing an improved profit margin and updated valuation metrics. This change comes despite slightly moderated revenue growth expectations.
Narrativ-Update Sep 24

Safe-haven Demand And Renewables Will Unlock Lasting Potential

Upgraded revenue growth (from 11.9% to 14.1%) and a higher net profit margin (from 30.59% to 35.16%) have driven a notable increase in Harmony Gold Mining’s consensus price target from ZAR275.00 to ZAR290.00. What's in the News Fiscal 2026 production guidance set at 1.4–1.5 million ounces, with underground recovered grade guided above 5.8g/t.
Narrativ-Update Aug 29

Diversification Into Copper Aims To Mitigate Gold Dependency Despite Market Risks

The consensus analyst price target for Harmony Gold Mining has been revised downward, primarily reflecting a notable decrease in expected revenue growth, with the fair value target reduced from ZAR281.43 to ZAR275.00. What's in the News Declared a dividend of 155.00000 SA cents (8.88252 US cents) per ordinary share for the 12 months ended June 30, 2025.
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Neues Narrativ Feb 09

Moab Khotsong Investments May Strain Cash Flow, Yet Wafi-Golpu Copper Project Could Diversify Future Revenues

Elevated capital expenditure on key projects could strain cash flow and increase financial risk, impacting future profitability.

Analyse der Geschäftsführervergütung

Wie hat sich die Vergütung von Beyers Nel im Vergleich zu den Einnahmen von Harmony Gold Mining verändert?
DatumGesamtvergütungGehaltUnternehmensgewinne
Dec 31 2025n/an/a

R16b

Sep 30 2025n/an/a

R15b

Jun 30 2025R17mR9m

R14b

Mar 31 2025n/an/a

R12b

Dec 31 2024n/an/a

R11b

Sep 30 2024n/an/a

R10b

Jun 30 2024R15mR6m

R9b

Mar 31 2024n/an/a

R9b

Dec 31 2023n/an/a

R9b

Sep 30 2023n/an/a

R7b

Jun 30 2023R9mR6m

R5b

Mar 31 2023n/an/a

R2b

Dec 31 2022n/an/a

-R600m

Sep 30 2022n/an/a

-R826m

Jun 30 2022R10mR6m

-R1b

Mar 31 2022n/an/a

R425m

Dec 31 2021n/an/a

R2b

Sep 30 2021n/an/a

R3b

Jun 30 2021R9mR5m

R5b

Mar 31 2021n/an/a

R4b

Dec 31 2020n/an/a

R2b

Sep 30 2020n/an/a

R743m

Jun 30 2020R6mR5m

-R878m

Mar 31 2020n/an/a

-R1b

Dec 31 2019n/an/a

-R1b

Sep 30 2019n/an/a

-R2b

Jun 30 2019R9mR5m

-R3b

Vergütung im Vergleich zum Markt: BeyersDie Gesamtvergütung ($USD1.04M) liegt unter dem Durchschnitt von Unternehmen ähnlicher Größe auf dem Markt ZA ($USD3.48M).

Entschädigung vs. Einkommen: BeyersDie Vergütung des Vorstandsvorsitzenden entsprach im vergangenen Jahr der Unternehmensleistung.


Geschäftsführer

Beyers Nel (47 yo)

1.3yrs
Amtszeit
R17,197,891
Vergütung

Mr. Beyers B. Nel, BSc, BEng (Mining Engineering), MBA, Pr. Eng, Mine Manager’s Certificate of Competency, serves as Group Chief Executive Officer & Executive Director at Harmony Gold Mining Company Limite...


Führungsteam

NamePositionAmtszeitVergütungEigentümerschaft
Beyers Nel
Group CEO & Executive Director1.3yrsR17.20m0.023%
ZAR 41.7m
Boipelo Lekubo
Financial Director & Executive Director6.2yrsR16.15m0.020%
ZAR 36.2m
Anton Buthelezi
Chief People Officer14.6yrsR11.92m0.0045%
ZAR 7.9m
Marian Van Der Walt
Chief Corporate Officerno dataR11.64m0.015%
ZAR 26.6m
Johannes van Heerden
Chief Development Officer18.3yrsR18.36m0.018%
ZAR 32.0m
Jaco Boshoff
Chief Operating officer of Australasia1.3yrsR3.99mkeine Daten
Harry Mashego
Executive Director of Stakeholder Relations & Corporate Affairs and Executive Directorno dataR12.54m0.020%
ZAR 34.7m
Floyd Masemula
Deputy Group Chief Executive Officer1.3yrsR4.15mkeine Daten
Urishanie Govender
Chief Sustainability Officer1.6yrsR4.92mkeine Daten
Hendrik Kotze
Chief Technology & Information Officer2.2yrskeine Datenkeine Daten
Jared Coetzer
Head of Investor Relationsno datakeine Datenkeine Daten
Besky Maluleka-Ngunjiri
Chief Audit Executiveno datakeine Datenkeine Daten
1.9yrs
Durchschnittliche Betriebszugehörigkeit
51.5yo
Durchschnittliches Alter

Erfahrenes Management: HARDas Führungsteam des Unternehmens gilt nicht als erfahren ( 1.9 Jahre durchschnittliche Betriebszugehörigkeit), was auf ein neues Team schließen lässt.


Vorstandsmitglieder

NamePositionAmtszeitVergütungEigentümerschaft
Beyers Nel
Group CEO & Executive Director1.3yrsR17.20m0.023%
ZAR 41.7m
Boipelo Lekubo
Financial Director & Executive Director6.2yrsR16.15m0.020%
ZAR 36.2m
Harry Mashego
Executive Director of Stakeholder Relations & Corporate Affairs and Executive Director16.3yrsR12.54m0.020%
ZAR 34.7m
Patrice Motsepe
Non-Independent Non-Executive Chairman22.7yrsR2.38mkeine Daten
Mangisi Gule
Independent Non-Executive Director1.3yrsR470.00kkeine Daten
Peter Turner
Independent Non-Executive Director5.3yrsR1.38mkeine Daten
Mavuso Msimang
Lead Independent Non-Executive Director15.2yrsR1.38mkeine Daten
Vishnu Pillay
Independent Non-Executive Director13yrsR1.48mkeine Daten
Karabo Nondumo
Independent Non-Executive Deputy Chairman13yrsR2.08mkeine Daten
Given Sibiya
Independent Non-Executive Director7yrsR1.43mkeine Daten
Bongani Nqwababa
Independent Non-Executive Director4yrsR1.69mkeine Daten
Martin Prinsloo
Independent Non-Executive Director4yrsR1.63mkeine Daten
6.6yrs
Durchschnittliche Betriebszugehörigkeit
59yo
Durchschnittliches Alter

Erfahrener Vorstand: HARDie Vorstandsmitglieder gelten als erfahren (6.6 Jahre durchschnittliche Amtszeit).


Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2026/05/21 19:50
Aktienkurs zum Tagesende2026/05/21 00:00
Gewinne2025/12/31
Jährliche Einnahmen2025/06/30

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

Analysemodell und Schneeflocke

Einzelheiten zu dem Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite. Außerdem bieten wir Leitfäden zur Verwendung unserer Berichte und Tutorials auf YouTube an.

Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.

Metriken für Industrie und Sektor

Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.

Analysten-Quellen

Harmony Gold Mining Company Limited wird von 15 Analysten beobachtet. 6 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.

AnalystEinrichtung
Herbert KharivheAbsa Bank Limited
Andrew ByrneBarclays
Raj RayBMO Capital Markets Equity Research