Jim Cramer Recommends Agnico Eagle Over Harmony Gold Mining (HMY)

Core Viewpoint - Harmony Gold Mining Company Limited (NYSE:HMY) is expected to perform well financially due to high gold prices and strong free cash flow, despite facing operational challenges in Q2 FY2026 [2][4]. Group 1: Company Overview - Harmony Gold Mining Company Limited primarily explores, extracts, and processes mineral deposits, focusing on gold, silver, copper, and uranium [2]. - The company anticipates full-year production guidance of 1.4 million to 1.5 million ounces at an all-in-sustaining cost (AISC) of R 1,150,000/kg to R 1,220,000/kg, with underground recovered grades above 5.8g/t [4]. Group 2: Financial Performance - The company expects "solid financial performance" for the six months ending December 31, 2025, driven by high gold prices and strong free cash flow [2]. - Operational challenges in Q2 FY2026 included a mill motor failure and a deferred gold shipment, which affected recovered grades due to lower metallurgical recoveries and a cyanide shortage in South Africa [2].