Harmony Gold Mining Company Limited share price today

Harmony Gold Mining Company Limited's share price was $16.41 at the close on 4 November 2026. It has been moving sideways for 6 weeks. That is 7.8% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 3 weeks running.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Harmony Gold Mining Company Limited is in stage 1. The phase helps read everything below.

In the last 52 weeks it traded between $13 and $24, and at that close it sat 30% of the way up from that low.

Over the last 10 years the share price moved +268% while the S&P 500 moved +261%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Harmony Gold Mining Company Limited declared ZAR 7.50 per local share for Jun 2026, and ZAR 16.62 over the last four reported quarters. It reports in South African rand, and one US-listed share can stand for several local shares, so we do not set this against the dollar price or show a yield.

Harmony Gold Mining Company Limited is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Harmony Gold Mining Company Limited earned ZAR 19.6 B of net profit in the Jun 2026 quarter, +200.3% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year FY26 profit was ZAR 29.3 B. Over 5 years profit has grown 41.8% a year on average.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

That is 35.7% of the quarter's revenue. The same quarter a year earlier earned ZAR 2.7 B. 2 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ZAR 29.3 B (+104.0% on the year before).

Why profit moved: revenue changed +49.2% on a year earlier and the margin moved +17.5 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +100.4% and revenue +27.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.

This company reports in South African rand, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ZAR); nothing is converted.

Harmony Gold Mining Company Limited reported ZAR 54.8 B of revenue in the Jun 2026 quarter, +49.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 5 years it has grown 18.9% a year on average. The last full year, FY26, came in at ZAR 99.2 B.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ZAR 99.2 B, +34.3% on the year before.

Recent pace: the last four quarters grew +27.4% on average, against 18.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +56.5%, against +43.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +226.2%, against +210.4% a year (accelerating).

This company reports in South African rand, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ZAR); nothing is converted.

Harmony Gold Mining Company Limited's operating margin was 47.2% in the Jun 2026 quarter, 17.5 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Over the last four quarters it has moved +33.8 percentage points. Across 6 years it has been between 8.9% and 41.0%.

Operating margin is what is left from every ZAR 100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

The latest quarter is above every full year in that period.

Why the margin moved: operating margin changed +33.8 percentage points on the year while gross margin changed +16.9 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

Over the last 3 years, 137% of Harmony Gold Mining Company Limited's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ZAR 33.6 B of operating cash against ZAR 29.3 B of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ZAR 17.8 B of spending on assets, ZAR 15.8 B was left over as free cash.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

This company reports in South African rand, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ZAR); nothing is converted.

Harmony Gold Mining Company Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent ZAR 38.1 B on assets over the last 3 years. Averaged over those years that is 12.8% of FY26 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: ZAR 38.1 B over the last 3 years.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

This company reports in South African rand, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ZAR); nothing is converted.

Harmony Gold Mining Company Limited's P/E is 5.8×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

Harmony Gold Mining Company Limited's business is giving mixed signals. Revenue growth is rising at +56.5% while profit growth is slowing from its peak at +226.2%, so the lines disagree and each one tells part of the story. This is based on 12 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: when the lines disagree, each line above matters more than any single label.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Harmony Gold Mining Company Limited earned a ROE of 39% in FY26. That is up from a low of −4% in FY22. Its return on capital used (ROIC) is 32.1 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 29.6% net margin and 0.79× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY26): a 29.6% net margin × 0.79× asset turnover × 1.67× leverage (assets divided by equity) ≈ 39.1% on equity. The margin does most of the work; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 41.0% − 8.9% = +32.1 percentage points. The 8.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.

The 41.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 55.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Harmony Gold Mining Company Limited has total debt of ZAR 9.5 B against shareholder equity of ZAR 75.4 B as of Jun 2026, so its debt is 0.13× its equity, which is very little. Year by year, that ratio went from 0.11 in FY21 to 0.13 in FY26.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

So the returns on this page come from the business, not from borrowed money.

This company reports in South African rand, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ZAR); nothing is converted.

We have no ownership or short-position figures for Harmony Gold Mining Company Limited, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 3.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

For Harmony Gold Mining Company Limited, the Z-score is 4.43. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 4.43 is well clear of the danger zone, so the balance sheet is not the risk here.

There is no score against its industry: Harmony Gold Mining Company Limited is not among the largest members shown in this industry comparison for Gold.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Harmony Gold Mining Company Limited is the 15th largest of 36 Gold companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Equinox Gold Corp., Alamos Gold Inc. and IAMGOLD Corporation. Just below it: Eldorado Gold Corporation, B2Gold Corp. and OR Royalties Inc.

Gold companies close in size

12. Equinox Gold Corp. $13.2 billion
13. Alamos Gold Inc. $12.6 billion
14. IAMGOLD Corporation $10 billion
15. Harmony Gold Mining Company Limited $9.7 billion
16. Eldorado Gold Corporation $8.7 billion
17. B2Gold Corp. $6.8 billion
18. OR Royalties Inc. $6.4 billion

All 36 Gold companies, largest first

Companies close in size in other industries

937. Hinge Health, Inc. $9.8 billion · Health Information Services
938. Bruker Corporation $9.7 billion · Medical Devices
939. Harmony Gold Mining Company Limited $9.7 billion
940. Zions Bancorporation, National Association $9.7 billion · Banks - Regional
941. Saia, Inc. $9.6 billion · Trucking

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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