Harmony Gold Mining Co. vs ArcelorMittal SA — how do they compare? Harmony Gold Mining Co. trades at $19.87 (market cap $12.24B), while ArcelorMittal SA trades at $74.42 (market cap $55.88B). The key difference: ArcelorMittal SA is far larger — about 4.6× Harmony Gold Mining Co.'s market cap, and Harmony Gold Mining Co. pays the higher dividend (2.09%). Which is the better fit depends on your goals.
| HMY | MT | |
|---|---|---|
Market Cap | $12.24B | $55.88B |
Sector | Basic Materials | Basic Materials |
52-Week High | $26.04 | $75.35 |
52-Week Low | $12.61 | $32.44 |
Enterprise Value | $12.58B | $65.45B |
Dividend Yield | 2.09% | 0.81% |
Signals from Pluang's Aura AI — not financial advice
Harmony Gold Mining (HMY) trades at $19.90, up 0.96% with strong technical momentum as moving averages signal bullish alignment. The company demonstrates robust fundamentals with 2024 revenue of $61.38B and net income of $8.59B, achieving a 20.06% net margin. Recent earnings show mixed results with a Q4 2025 miss but strong operational cash flow growth to $15.65B in 2024. The stock's valuation remains reasonable with P/E of 12.26 and EV/EBITDA of 6.41, while the company transitions toward gold-copper diversification.
HMY presents a compelling value proposition with attractive profitability metrics and strategic diversification, though analyst sentiment remains cautious with 70% hold ratings. Key risks include gold price volatility and execution challenges in copper expansion. The stock trades near resistance at $20-21 with overbought RSI signals suggesting potential near-term consolidation before further upside.
ArcelorMittal (MT) trades at $73.90, up 0.83% with bullish technical signals and strong institutional support. The stock shows improving fundamentals with Q2 2026 revenue growth despite an earnings miss, while maintaining stable dividends. Recent news highlights strategic partnerships and European business recovery prospects.
Outlook remains cautiously optimistic with 50% analyst buy ratings, though risks include cyclical steel demand and margin pressures. The current P/E of 30.97 appears elevated relative to historical norms, requiring sustained earnings growth to justify valuation.
Trailing returns across standard periods
Harmony Gold Mining Co Ltd is a gold mining and exploration company having operations in South Africa and Papua New Guinea (PNG). Its projects include Bambanani, Joel, Masimong, Phakisa, Target 1, Tshepong, Unisel, Doornkop, and Kusasalethu. The group's segments are Tshepong Operations, Bambanani, Joel, Doornkop, Moab Khotsong, Hidden Valley, Target 1, Kusasalethu, Masimong, Unisel, and all other surface operations.
Read more on HMY →ArcelorMittal SA is involved in the steel industry. The company's operating segments include NAFTA
Read more on MT →