For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.20 per share and a revenue of $3.7 billion, signifying shifts of +166.67% and +33.15%, respectively, from the last year. In terms of valuation, Harmony Gold is presently being traded at a Forward P/E ratio of 8.02. This denotes a discount relative to the industry's average Forward P/E of 16.84. Harmony Gold (HMY) closed at $9.45 in the latest trading session, marking a -1.77% move from the prior day. This move lagged the S&P 500' ...

Advantages of Investing in Gold Miner Stocks Going back to the investing purists, who scoff at the idea of investing in a commodity with no earnings, they do make a reasonable point. However, there is one way to both invest in gold, and potentially derive some income. Gold mining stocks offer the advantage of getting exposure to gold, while also offering an income stream through dividends, which are paid from the profits of running a gold mine. Of course, they aren't perfect and it's important to be aware o ...

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Harmony Gold (HMY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Harmony Gold is a member of our Basic Materials group, which includes 240 different companies and currently sits at #2 in the Zacks Sec ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Company and Industry Overview * **Company**: Harmony Gold Mining Company Limited (NYSE:HMY) * **Industry**: Gold mining and production * **Focus**: Producing gold, silver, and uranium; expanding copper footprint * **Location**: South Africa, Papua New Guinea, Australia Key Points 1. Financial Performance * **Revenue**: Increased by 35% to ZAR 31 billion * **EBITDA**: Increased by 114% to ZAR 17 billion * **Headline earnings per share**: Increased by 226% to ZAR 956 per share * **Operating free cash flow**: Increased by 265% to ZAR 7.1 billion * **All-in sustaining cost**: Improved by 12% to $1,403 per ounce * **Dividend**: Record interim dividend of ZAR 1.47 per share 2. Operational Performance * **Safety**: Lost time injury frequency rate improved to 5.19 per million ounces worked * **Production**: Increased by 14% to 36 tonnes of gold or 832,000 ounces * **Grade**: Underground recovered grade increased by 11% to 6.29 grams per tonne * **Cost**: All-in sustaining cost improved by 5% to 843,000 rand per kilogram 3. Projects and Growth * **Mponeng Life of Mine Extension**: Approved and expected to extend mine life to 20 years * **Eva Copper**: Feasibility studies being updated; expected to start production in 2025 * **Wafi-Golpu**: Negotiations ongoing for permit approval * **Other Projects**: Moab Khotsong extension, Mine Waste Solution, TSF Extension, and Hidden Valley extension progressing well 4. Sustainability and ESG * **Circular Economy**: Largest gold tailings re-treatment business globally * **Energy Efficiency**: Renewable energy programs and green energy mix * **Water Stewardship**: Prioritizing recycling and efficient use of water * **Community Engagement**: Benefit sharing and social impact 5. Future Outlook * **Production**: Expected to reach the upper end of production guidance and the lower end of cost guidance * **Cost**: All-in sustaining cost expected to remain low * **Dividends**: Expected to continue paying dividends in line with policy * **Growth**: Focus on organic growth and potential acquisitions

PRIVATE SECURITIES LITIGATION REFORM ACT SAFE HARBOUR STATEMENT AND DISCLAIMER Competent Person's statement Interim results for the six-month period ended 31 December 2023 STRATEGY 4 LEGEND | --- | --- | --- | --- | --- | --- | --- | |-------|---------------------------------------------------|----------------------------------------------------------------|-----------------------------------------------------------|------------------------------------|------------------------------------------------------- ...

Financial Reporting - Harmony Gold Mining Company filed its annual report on Form 20-F for the year ended June 30, 2023, with the SEC on October 31, 2023[3]. - The full suite of reports for the financial year includes audited annual financial statements and is available for inspection at the company's registered office and J.P. Morgan's offices[5]. - The annual report can be accessed on the company's website and the SEC's website[4].

Table of contents As filed with the Securities and Exchange Commission on October 31, 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________________________ FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANG ...

Financial Data and Key Metrics Changes - Revenue increased by 6% to R23.3 billion from R22 billion, while headline earnings per share rose by 18% to R2.93 [25] - EBITDA decreased by 12% to R8.1 billion from R9.3 billion [25] - Group operating free cash flow decreased by 14% to R1.9 billion from R2.3 billion, attributed to major capital projects [25] - Net debt increased to R4.7 billion from R757 million, with net debt to EBITDA remaining below one times [26] Business Line Data and Key Metrics Changes - Year-on-year gold production was down 5%, primarily due to the closure of Bambanani, but production was largely flat when adjusted for this closure [16] - Operating free cash flow from South African underground operations increased by 96% to R815 million, contributing significantly to group production [18] - High-grade assets, Mponeng and Moab Khotsong, showed strong performance with recovered grades improving by 6% to nearly 8 grams per tonne [20] Market Data and Key Metrics Changes - The first 30 megawatts of renewable solar energy is expected to come online in the fourth quarter of the financial year, contributing to cost savings [29] - The acquisition of Eva Copper was completed for US$170 million, enhancing Harmony's copper portfolio [26] Company Strategy and Development Direction - Harmony aims to produce safe, profitable ounces and improve margins through operational excellence and value-accretive acquisitions [33] - The company is focusing on high-grade and higher-margin projects, with a clear set of investment criteria to lower overall risk and improve margins [32] - The strategic objective includes progressing renewable energy projects to enhance energy security and reduce costs [28][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining good grades at high-grade mines despite variability, emphasizing the importance of mining practices and seismic response management [36][38] - The company is actively managing load curtailment impacts and has implemented strategies to mitigate its effects on operations [53] Other Important Information - The company has a strong focus on sustainability and ESG practices, with initiatives aimed at improving safety and reducing environmental impact [12][13] - Harmony's dividend policy is to pay a return of 20% of net free cash generated, but no interim dividend was declared for this reporting period due to capital requirements [26][39] Q&A Session Summary Question: Variability at Moab and Mponeng grades - Management indicated that grade variability is special in nature and attributed to mining practices and seismic response management [36][38] Question: Outlook on final dividend - The decision not to declare a dividend was based on capital requirements and net debt considerations, with future dividends at the discretion of the Board [39] Question: Renewable energy program costs and risks - The first phase of the renewable energy program is expected to yield significant cost savings, with further phases planned to enhance energy security [44][29] Question: Investment in digital technologies for operational excellence - The company is actively investing in technology to improve operational efficiency and safety protocols [41][43] Question: Broader strategy for diversification into other metals - Harmony is currently focused on gold and copper, with no immediate plans to diversify into other metals [62] Question: Ability to extract cash from Papua New Guinea amid FX shortages - Management acknowledged the challenges but expressed confidence in their ability to manage cash extraction from PNG [68]

© Harmony HARMONY" H1FY23 RESULTS PRESENTATION FORWARD LOOKING STATEMENTS Competent Person's statement 1 March 2023 JSE ticker code: HAR NYSE ticker code: HMY MINING WITH PURPOSE 2 The foregoing factors and others described under "Risk Factors" in our Integrated Annual Report (www.har.co.za) and our Form 20-F should not be construed as exhaustive. We undertake no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date of th ...