HAR Share Price Performance
R333.85
83.68 (33.45%)
15.5% undervalued intrinsic discount
R395.00
Fair Value
Price R333.85
AnalystHighTarget R395.00
AnalystConsensusTarget R332.50
AnalystLowTarget R280.00
Fair ValueR395.00
Share Pricen/a
Harmony Gold Mining Company Limited Stock Price
- 3 Narratives written by author
- 0 Comments on narratives written by author
- 100 Fair Values set on narratives written by author
HAR Community Narratives
AN
Fair Value
·Fair Value R395 15.5% undervalued intrinsic discount
Global Inflation And De-Dollarization Will Boost Gold And Copper Demand
0users have liked this narrative
0users have commented on this narrative
6users have followed this narrative
AN
Fair Value
·Fair Value R332.5 0.4% overvalued intrinsic discount
Analysts Lift Harmony Gold Price Target Amid Improved Profit Outlook and Updated Production Guidance
0users have liked this narrative
0users have commented on this narrative
33users have followed this narrative
AN
Fair Value
·Fair Value R280 19.2% overvalued intrinsic discount
Aging South African Mines Will Struggle Amid Rising Costs
0users have liked this narrative
0users have commented on this narrative
12users have followed this narrative
Analysts Lift Harmony Gold Price Target Amid Improved Profit Outlook and Updated Production Guidance
Harmony Gold sits at the crossroads of strong demand for gold and a push to grow beyond its older mines through new projects, copper deals, and cheaper power. But rising costs, shifting ore quality, and delays at key sites could quickly change the story—especially if new operations don’t ramp up smoothly.Read more
AN
R332.5
0.4% overvalued intrinsic discount
Fair Value
Revenue
20.58% p.a.
Profit Margin
39.56%
Future PE
6.28x
Price in 2029
R559.58
Global Inflation And De-Dollarization Will Boost Gold And Copper Demand
Harmony Gold could get a surprise lift as more gold buying and sticky inflation keep prices firm, while its growing copper projects start to matter at the same time. But its heavy reliance on aging South African mines and shifting investor interest could make that upside harder to sustain than it looks.Read more
AN
R395
15.5% undervalued intrinsic discount
Fair Value
Revenue
32.67% p.a.
Profit Margin
30.99%
Future PE
7.2x
Price in 2029
R669.54
Aging South African Mines Will Struggle Amid Rising Costs
Harmony Gold faces a tough stretch as its older South African mines get deeper, more expensive to run, and harder to approve under tighter rules. See why project delays and shifting demand for gold could squeeze future output—even as the company tries to offset the pressure with newer assets and a stronger balance sheet.Read more
AN
R280
19.2% overvalued intrinsic discount
Fair Value
Revenue
11.25% p.a.
Profit Margin
50.1%
Future PE
5.36x
Price in 2029
R474.61
Trending Discussion
No trending discussion available.
Recently Updated Narratives
AN
HAR: Updated Assumptions And Jelani JV Progress Will Shape Medium Term Outlook
Fair Value: R332.5 0.4% overvalued intrinsic discount
33 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
HAR: Jelani JV Progress Will Support Future Margin Upside
Fair Value: R395 15.5% undervalued intrinsic discount
6 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
HAR: Jelani JV Mining Right Progress Will Support Future Returns
Fair Value: R280 19.2% overvalued intrinsic discount
12 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
Snowflake Analysis
Reasonable growth potential with proven track record and pays a dividend.
3 Risks
4 Rewards
Harmony Gold Mining Company Limited Key Details
Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
- 46.97
- 49.62%
- 29.57%
- 12.6%
About HAR
- Founded
- 1950
- Employees
- 34350
- CEO
- WebsiteView website
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.
