Harmony Gold Mining Company Limited

NYSE:HMY Stock Report

Market Cap: US$7.5b

Harmony Gold Mining Management

Management criteria checks 3/4

Harmony Gold Mining's CEO is Beyers Nel, appointed in Jan 2025, has a tenure of less than a year. total yearly compensation is ZAR14.78M, comprised of 43.2% salary and 56.8% bonuses, including company stock and options. directly owns 0.018% of the company’s shares, worth $1.36M. The average tenure of the management team and the board of directors is 2.9 years and 8.8 years respectively.

Key information

Beyers Nel

Chief executive officer

R14.8m

Total compensation

CEO salary percentage43.2%
CEO tenureless than a year
CEO ownership0.02%
Management average tenure2.9yrs
Board average tenure8.8yrs

Recent management updates

Recent updates

Harmony Gold: Striking Gold With Copper

Feb 04

Harmony Gold: Solid Bullish Conviction In The Market. Possible "Dip" Opportunity

Nov 12

Harmony Gold: A High-Cost Miner Significantly Leveraged To Gold Prices

Aug 27

Harmony Gold Mining: Lower Fundamental Risk Comes With Higher Price

Jul 24

Harmony Gold: Rally Continues As Operations Expand And Gold Prices Rise

May 09

Harmony Gold: Bright Outlook And Possible Lower Share Price

Feb 21

Harmony Gold: Shiny Fundamentals, But A Dull 2024 Outlook For Gold

Dec 04

Harmony Gold: I Find The Stock Attractive

Sep 18

Harmony Gold Mining: Looks Attractive Below $4

Jul 10

Harmony Gold: Production In Line With Guidance

Feb 03

Harmony Gold: Unconvincing Margins And Overestimated Price Support

Jan 11

Harmony Gold: An Earnings Recovery Story And A Bullish Technical Picture Shapes Up

Dec 26

Harmony Gold: Acquisition Of A Copper/Gold Project In Australia Makes Sense

Oct 12

Harmony Gold Mining: The Rebound Chance Is Slim But Don't Lose Hope

Sep 24

Harmony Gold Mining GAAP EPS of -$0.08, revenue of $2.8B beats by $130M

Aug 30

Harmony Gold: Needs Higher Gold Prices To Maintain Profitability

Jul 08

Harmony Gold: Hidden Valley's Technical Issues Weighing On Guidance

Mar 21

Harmony Gold: First Quarter 2022 Production Analysis

Jan 08

Harmony Gold: An Inferior Way To Buy The Dip

Jan 01

Harmony Gold: Impressive Results While The Stock Price Underperforms

Sep 03

Harmony Gold: Old Faithful Is Looking Cheap Based On Fundamentals

Jul 19

Harmony Gold: Margins Continue To Improve

May 03

Harmony Gold Mining: Balancing The Equation

Dec 24

Harmony Gold's free cash flow, production surged in Q1

Nov 09

CEO Compensation Analysis

How has Beyers Nel's remuneration changed compared to Harmony Gold Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
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

Mar 31 2019n/an/a

-R4b

Dec 31 2018n/an/a

-R5b

Sep 30 2018n/an/a

-R5b

Jun 30 2018R8mR5m

-R4b

Compensation vs Market: Beyers's total compensation ($USD802.38K) is below average for companies of similar size in the US market ($USD7.86M).

Compensation vs Earnings: Beyers's compensation has increased by more than 20% in the past year.

CEO

Beyers Nel (46 yo)

less than a year

Tenure

R14,777,000

Compensation

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...

Leadership Team

NamePositionTenureCompensationOwnership
Beyers Nel
Group CEO & Executive Directorless than a yearR14.78m0.018%
$ 1.4m
Boipelo Lekubo
Financial Director & Executive Director4.9yrsR11.21m0.014%
$ 1.1m
Anton Buthelezi
Chief People Officer13.3yrsR9.15mno data
Marian Van Der Walt
Chief Corporate Officerno dataR8.71m0.011%
$ 825.7k
Johannes van Heerden
Chief Development Officer17.1yrsR13.62m0.018%
$ 1.4m
Harry Mashego
Executive Director of Stakeholder Relations & Corporate Affairs and Executive Directorno dataR9.32m0.014%
$ 1.0m
Siphamandla Mthethwa
Executive Head of Technical & Engineeringno datano datano data
Hendrik Kotze
Chief Information Officerless than a yearno datano data
Jared Coetzer
Head of Investor Relationsno datano datano data
Floyd Masemola
Deputy Group Chief Executive Officerless than a yearno datano data
Besky Maluleka-Ngunjiri
Chief Audit Executiveno datano datano data
D. Fourie
Head of Department - Geostatisticianno datano datano data

2.9yrs

Average Tenure

50yo

Average Age

Experienced Management: HMY's management team is considered experienced (2.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Beyers Nel
Group CEO & Executive Directorless than a yearR14.78m0.018%
$ 1.4m
Boipelo Lekubo
Financial Director & Executive Director4.9yrsR11.21m0.014%
$ 1.1m
Harry Mashego
Executive Director of Stakeholder Relations & Corporate Affairs and Executive Director15yrsR9.32m0.014%
$ 1.0m
Patrice Motsepe
Non-Independent Non-Executive Chairman21.4yrsR2.15mno data
Mangisi Gule
Independent Non-Executive Directorless than a yearR473.36kno data
Mavuso Msimang
Lead Independent Non-Executive Director13.9yrsR1.28mno data
Vishnu Pillay
Independent Non-Executive Director11.8yrsR1.44mno data
Karabo Nondumo
Independent Non-Executive Deputy Chairman11.8yrsR1.94mno data
John Wetton
Independent Non-Executive Director13.6yrsR1.59mno data
Given Sibiya
Independent Non-Executive Director5.8yrsR1.07mno data
Bongani Nqwababa
Independent Non-Executive Director2.8yrsR1.34mno data
Martin Prinsloo
Independent Non-Executive Director2.8yrsR1.22mno data

8.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: HMY's board of directors are considered experienced (8.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 23:28
End of Day Share Price 2025/02/07 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Harmony Gold Mining Company Limited is covered by 21 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Herbert KharivheAbsa Bank Limited
Andrew ByrneBarclays
David HaughtonBMO Capital Markets Equity Research