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Harmony Gold Mining JSE:HAR Stock Report

Last Price

R157.72

Market Cap

R96.6b

7D

-2.9%

1Y

34.0%

Updated

20 Dec, 2024

Data

Company Financials +

Harmony Gold Mining Company Limited

JSE:HAR Stock Report

Market Cap: R96.6b

HAR Stock Overview

Engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australasia. More details

HAR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance5/6
Financial Health5/6
Dividends0/6

Rewards

Earnings are forecast to grow 30.25% per year

Earnings grew by 78.2% over the past year

Risk Analysis

Large one-off items impacting financial results

Volatile share price over the past 3 months compared to the ZA market


My Notes

Capture your thoughts, links and company narrative

Harmony Gold Mining Company Limited Competitors

Gold Fields

JSE:GFI

R225.8b

Kumba Iron Ore

JSE:KIO

R102.9b

Anglo American Platinum

JSE:AMS

R149.2b

Northam Platinum Holdings

JSE:NPH

R38.0b

Price History & Performance

Summary of share price highs, lows and changes for Harmony Gold Mining
Historical stock prices
Current Share PriceR157.72
52 Week HighR214.68
52 Week LowR103.51
Beta1.26
1 Month Change-10.57%
3 Month Change-12.13%
1 Year Change34.00%
3 Year Change152.84%
5 Year Change220.70%
Change since IPO708.82%

Recent News & Updates

Recent updates

Investors Aren't Entirely Convinced By Harmony Gold Mining Company Limited's (JSE:HAR) Revenues

Feb 05
Investors Aren't Entirely Convinced By Harmony Gold Mining Company Limited's (JSE:HAR) Revenues

Shareholder Returns

HARZA Metals and MiningZA Market
7D-2.9%-6.6%-2.9%
1Y34.0%-23.6%10.1%

Return vs Industry: HAR exceeded the ZA Metals and Mining industry which returned -23.6% over the past year.

Return vs Market: HAR exceeded the ZA Market which returned 10.1% over the past year.

Price Volatility

Is HAR's price volatile compared to industry and market?
HAR volatility
HAR Average Weekly Movement6.8%
Metals and Mining Industry Average Movement7.1%
Market Average Movement4.2%
10% most volatile stocks in ZA Market8.8%
10% least volatile stocks in ZA Market2.5%

Stable Share Price: HAR's share price has been volatile over the past 3 months compared to the ZA market.

Volatility Over Time: HAR's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of ZA stocks.

About the Company

FoundedEmployeesCEOWebsite
195034,715Peter Steenkampwww.harmony.co.za

Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australasia. The company explores for gold, uranium, silver, and copper deposits. It has eight underground operations in the Witwatersrand Basin; the Kraaipan Greenstone Belt; and various surface source operations in South Africa.

Harmony Gold Mining Company Limited Fundamentals Summary

How do Harmony Gold Mining's earnings and revenue compare to its market cap?
HAR fundamental statistics
Market capR96.63b
Earnings (TTM)R8.59b
Revenue (TTM)R61.38b

11.4x

P/E Ratio

1.6x

P/S Ratio

Is HAR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HAR income statement (TTM)
RevenueR61.38b
Cost of RevenueR39.71b
Gross ProfitR21.67b
Other ExpensesR13.08b
EarningsR8.59b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 27, 2025

Earnings per share (EPS)13.85
Gross Margin35.30%
Net Profit Margin13.99%
Debt/Equity Ratio4.4%

How did HAR perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

17%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 17:22
End of Day Share Price 2024/12/20 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

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