HMY Harmony Gold Mining Company Limited
Trend channel, buy level and 3-month target. Information only, not financial advice.
Below the channel · 12-month channel falling
Closed below support (US$16.12). Treat the buy level with caution.
- 12-month channel
- US$16.15 – US$24.32 · falling, −7% a year
- Price in channel
- −21% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$24.30
- Published levels
- Buy and target are not from this channel — see below.
What broke this trend
- The fall
- -49% from US$25.6428 Jan 2026 → 20 Mar 2026
- Whose problem it was
- This company0 of 11 Gold peers fell with it
- Does it resolve?
- Unsettled too close to a coin toss on the record to call
- Regained so far
- 20%of what it lost
- What the record says
- 41% of 15 comparable falls came back, typically in 56 days measured on its own peer group
Fell -49% (28 Jan 2026 → 20 Mar 2026); regained 20% so far; company-specific.
Price history, with the path projected 3 months forward
Updated 4:02 PM ET (68 h ago)
- Daily close
- Upper trend line (12 months)
- Lower trend line (12 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$14.44
last close · 30 Oct 2026
Our target
US$23.38
by 14 Dec 2026
Projected move
61.9%
gross, before costs
Last close is our buy.
Target: HMY's usual move size.
This move size: reached in 62% of 9 past stretches, typically in 55 days. (0.55% per day)
- Upper line touches
- 3
- Lower line touches
- 3
- Fit confidence
- 62%
- Fitted
- 1 Nov 2026
Company information
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.
- Sector
- Basic Materials
- Industry
- Gold
- CEO
- Beyers Nel
- Employees
- 34,350
- Country
- ZA
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$10.02B
- Enterprise value
- —
- Beta
- 0.79
- Avg volume
- 3.56M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 13.03-26.06
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.