Also trades as HMY.

HAR.JO

Strong BuyFull HouseAI screen pass

Harmony Gold Mining Company Limited · Basic Materials · South Africa · $11.7B

28,716.00c -0.9% · close 2 Oct · scored 6 Oct

Full House: Strong business, sensible price, market agrees. The rare full house.

98
StockRank
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Quality
84
Value
67
Momentum
59

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
6.2x
peers 8.2x
ROE
48.0%
peers 18.5%
D/E
0.1x
peers 0.3x
Dividend %
2.4%
trailing yield
AI screening note

Harmony Gold is one of South Africa's largest gold producers with expanding high-grade copper exposure in Papua New Guinea. The company is generating substantial free cash flow driven by elevated precious metal prices, supported by upwards revisions in consensus forward earnings.

ABOUT HARMONY GOLD MINING COMPANY LIMITED

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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.

FINANCIAL SUMMARY (ZAR)

Year20222023202420252026CAGRTTM2027E2028EFwd CAGR
Revenue42.6B49.3B61.4B——20.0%99.3B67.4B76.3B5.6%
EPS (ZAc)-170.65780.001,3862,3134,70182.0%4,6345,9747,73528.3%
Shares616.5M618.0M619.9M——+0.6%626.1M———
Debt3.6B6.2B2.3B——-20.6%9.5B———
Equity30.0B34.8B40.8B——16.5%————
Op CF6.9B9.9B15.7B——50.3%33.6B———
Inv CF-6.2B-10.6B-8.4B———————
Fin CF-1.2B1.2B-5.4B———————
Loading 1Y...
PRICE (1Y) · ZAc (cents)-15.3%
28,71630,93533,15435,37237,59119 Aug11 Sep2 Oct
SMA 50SMA 200

Price checkExperimental
SwingsVery bumpy

Swung more than 75% of stocks we rank over the past year (60% a year).

How this is worked out

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
28,716.00c
RSI (14)
19.4
52-Week Range-68.3% from high
Low 21,348.10cHigh 90,537.62c

SCORE BREAKDOWN

Quality
84
ROIC (ROA)
25.1%*93.3
ROE
48.0%98.0
GP/Assets
78.2%98.8
Op. Margin
47.2%94.9
FCF/Assets
12.0%91.1
Piotroski
373.8
Int. Cover
—91.4
D/E Ratio
0.13x57.7
Current Ratio
0.84x10.0
Value
67
P/E (TTM)
6.2x93.8
EV/EBITDA
4.0x91.5
P/FCF
25.7x45.8
P/B
2.4x40.5
P/S
1.8x45.8
Div Yield
2.4%59.6
Momentum
59
52W High %
32%4.9
RS 6M
17%79.6
SMA 50/200
1.03x64.6
EPS Rev 4W
+2.5%82.4
EPS Rev 12W
+5.4%84.0
EPS Improve
+54%50.7
Q Growth
200%81.1

FUNDAMENTALS

Market Cap
$11.7B
P/E (Forward)
4.0x
Gross Margin
49.6%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of HAR.JO are excluded.

TickerCompanyMkt CapStockRankSignal
HAR.JOHarmony Gold Mining Company Limited(you)$11.7B98Strong Buy
PAF.LPan African Resources PLC$3.6B97Strong Buy
G1FI34.SAGold Fields Limited$37.7B93Strong Buy
DRD.JODRDGOLD Limited$2.2B82Strong Buy
SOL.JOSasol Limited$9.0B96Strong Buy
VAL.JOValterra Platinum Limited$21.0B91Strong Buy
IMP.JOImpala Platinum Holdings Limited$10.9B80Buy
KIO.JOKumba Iron Ore Limited$4.4B92Strong Buy
NPH.JONortham Platinum Holdings Limited$6.4B74Buy
SSW.JOSibanye Stillwater Limited$7.5B67Buy

Peer medians: ROE 18.5% · P/E 8.2x · Gross margin 34.9%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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Harmony Gold Mining Company Limited (HAR.JO): Stock Score Summary

Harmony Gold Mining Company Limited (HAR.JO) has a MoatMap StockRank of 98/100 based on Quality (84/100), Value (67/100), and Momentum (59/100) factor scores. The current signal is STRONG BUY. Harmony Gold is one of South Africa's largest gold producers with expanding high-grade copper exposure in Papua New Guinea. The company is generating substantial free cash flow driven by elevated precious metal prices, supported by upwards revisions in consensus forward earnings.

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.

Key Financial Metrics

Price28,716.00c
Market Cap$11.7B
P/E (TTM)6.20
P/E (Forward)4.04
Price/Book2.39
Return on Equity48.0%
Debt/Equity0.13x
Gross Margin49.6%
Operating Margin47.2%
Revenue Growth49.2%
Dividend Yield2.4%
Free Cash Flow$454M

Harmony Gold Mining Company Limited operates in the Gold industry, part of the Basic Materials sector (South Africa).

Frequently Asked Questions

What is Harmony Gold Mining Company Limited’s (HAR.JO) StockRank?
MoatMap’s StockRank for Harmony Gold Mining Company Limited (HAR.JO) is 98/100, with a Strong Buy signal. It is a composite of Quality (84), Value (67), and Momentum (59) factor ranks across MoatMap’s universe of 24,000+ stocks.
Does Harmony Gold Mining Company Limited have an economic moat?
Harmony Gold Mining Company Limited (HAR.JO) has a Quality factor score of 84/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Harmony Gold Mining Company Limited a buy, hold, or sell?
MoatMap’s current signal for Harmony Gold Mining Company Limited (HAR.JO) is Strong Buy, based on a StockRank of 98/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Harmony Gold Mining Company Limited in?
Harmony Gold Mining Company Limited (HAR.JO) operates in the Basic Materials sector, specifically the Gold industry (South Africa).