Harmony Gold Mining Company Limited (HMY)
Materials · NYQ
Price as at 1 Oct 2026, 20:30 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Harmony Gold Mining Company Limited trades at $17.52, which is 91% below the $33.53 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 78 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 9.6 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
HMY dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.312 | 1 |
| 2025 | $0.120 | 1 |
| 2024 | $0.130 | 2 |
| 2023 | $0.040 | 1 |
| 2022 | $0.039 | 2 |
| 2021 | $0.092 | 2 |
| 2017 | $0.065 | 2 |
| 2016 | $0.037 | 1 |
| 2013 | $0.056 | 1 |
| 2012 | $0.114 | 2 |
| 2011 | $0.084 | 1 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
HMY earnings and analyst estimates
Recommendation mix, 3 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Harmony Gold Mining Company Limited
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.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
HMY passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
7 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$76.60M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$28.52M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$17.59M · 0.0% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$12.23M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$7.14M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
HMY peers
The largest companies in the same industry (Gold), then in the same sector.
- AU AngloGold Ashanti plc
- FNV Franco-Nevada Corporation
- GFI.JO Gold Fields Limited
- PAAS.TO Pan American Silver Corp.
- RGLD Royal Gold, Inc.
- AGI.TO Alamos Gold Inc.
- EGO Eldorado Gold Corporation
- EQX Equinox Gold Corp.
Every materials company we cover is on the Materials hub.
Common questions
Is Harmony Gold Mining Company Limited (HMY) undervalued?
Against our fair value estimate of $33.53, HMY at $17.52 is 91% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own HMY?
7 of the institutions we track reported a position in HMY in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is HMY's P/E ratio?
HMY trades at 9.6 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Harmony Gold Mining Company Limited (HMY) pay a dividend?
Yes. Harmony Gold Mining Company Limited yields 2.72% at the current share price. It has paid $0.312 per share over the trailing twelve months. It has paid a dividend in each of the last 5 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its HMY data?
Fundamentals for HMY come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 20:30 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for HMY, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.