HMY vs. IAG: Harmony Gold Mining vs. IAMGOLD Stock Comparison
How do Harmony Gold Mining (HMY) and IAMGOLD (IAG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Harmony Gold Mining (HMY) and IAMGOLD (IAG) are both classified in the Gold sub-industry within the broader Metals & Mining industry, placing them in the closest GICS peer bucket.
IAMGOLD (IAG) trades as ordinary local shares, while Harmony Gold Mining (HMY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | HMY | IAG |
|---|---|---|
| Name | Harmony Gold Mining Company Limited - Depositary Receipt (Common Stock) | IAMGOLD Corporation |
| Country/Region | South Africa | Canada |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Metals & Mining | Metals & Mining |
| GICS Sub-Industry | Gold | Gold |
| Market Capitalization | 10.77 billion USD | 10.63 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | May 17, 1994 | July 15, 2003 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HMY | IAG |
|---|---|---|
| Total Return (1Y) | 10.98% | 53.79% |
| Total Return (3Y, Annualized) | 60.07% | 103.91% |
| Total Return (5Y, Annualized) | 39.44% | 44.74% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | HMY | IAG |
|---|---|---|
| Volatility (1Y, Annualized) | 63.56% | 64.39% |
| Beta (5Y) | 1.08 | 1.33 |
| Max Drawdown (5Y) | -62.48% | -73.58% |
| Avg. Volume (3M) | 3.68M | 5.11M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | HMY | IAG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.11 | 0.77 |
| Sortino Ratio (1Y) | 0.15 | 1.17 |
Profitability
ROE (TTM)
Both Harmony Gold Mining (HMY) at 48.05% and IAMGOLD (IAG) at 34.91% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
HMY
Materials industry group
48.05%
- Max
- 52.88%
- HMY
- 48.05%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
IAG
Materials industry group
34.91%
- Max
- 52.88%
- IAG
- 34.91%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
For every dollar of sales, both Harmony Gold Mining (HMY) at 29.57% and IAMGOLD (IAG) at 34.29% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
HMY
Materials industry group
29.57%
- Max
- 38.66%
- HMY
- 29.57%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
IAG
Materials industry group
34.29%
- Max
- 38.66%
- IAG
- 34.29%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Both Harmony Gold Mining (HMY) at 47.18% and IAMGOLD (IAG) at 43.99% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
HMY
Materials industry group
47.18%
- Max
- 66.70%
- HMY
- 47.18%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
IAG
Materials industry group
43.99%
- Max
- 66.70%
- IAG
- 43.99%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | HMY | IAG |
|---|---|---|
| ROE (TTM) | 48.05% | 34.91% |
| ROA (TTM) | 25.06% | 20.39% |
| Net Margin (TTM) | 29.57% | 34.29% |
| Operating Margin (TTM) | 47.18% | 43.99% |
| Gross Margin (TTM) | 49.62% | 51.82% |
Growth
Revenue Growth
Only one side can be read here: IAMGOLD (IAG) reports revenue growth of 74.70%, ranked against its industry; Harmony Gold Mining (HMY) has no revenue growth figure this period.
EPS Growth
Only one side can be read here: IAMGOLD (IAG) reports EPS growth of -24.00%, ranked against its industry; Harmony Gold Mining (HMY) has no EPS growth figure this period.
Growth Metrics
| Metric | HMY | IAG |
|---|---|---|
| Revenue Growth (YoY) | -- | 74.70% |
| Revenue Growth (3Y CAGR) | 26.28% | 43.83% |
| EPS Growth (YoY) | -- | -24.00% |
| EPS Growth (3Y CAGR) | 81.32% | -- |
Financial Strength
Current Ratio (MRQ)
IAMGOLD (IAG) at 2.41 keeps current ratio within its industry’s typical mid-range, while Harmony Gold Mining (HMY) at 0.84 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HMY.
HMY
Materials industry group
0.84
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- Q1
- 1.45
- HMY
- 0.84
- Min
- 0.16
IAG
Materials industry group
2.41
- Max
- 5.96
- Q3
- 3.30
- IAG
- 2.41
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
Both Harmony Gold Mining (HMY) at 0.13 and IAMGOLD (IAG) at 0.12 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.
HMY
Materials industry group
0.13
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- HMY
- 0.13
- Min
- 0.00
IAG
Materials industry group
0.12
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- IAG
- 0.12
- Min
- 0.00
Financial Strength Metrics
| Metric | HMY | IAG |
|---|---|---|
| Current Ratio (MRQ) | 0.84 | 2.41 |
| Debt / Equity (MRQ) | 0.13 | 0.12 |
| Net Debt / EBITDA | 0.02 | -0.10 |
Dividends
Dividend Yield (TTM)
IAMGOLD (IAG) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Harmony Gold Mining (HMY) reports a yield of 75.74%, ranking against industry peers normally.
HMY
Materials industry group
75.74%
- HMY
- 75.74%
- Max
- 4.52%
- Q3
- 1.85%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
IAG
Materials industry group
0.00%
- Max
- 4.52%
- Q3
- 1.85%
- Median
- 0.38%
- IAG
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
IAMGOLD (IAG) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Harmony Gold Mining (HMY) reports a payout of 15.28%, ranking against industry peers normally.
HMY
Materials industry group
15.28%
- Max
- 83.62%
- Q3
- 41.37%
- HMY
- 15.28%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
IAG
Materials industry group
0.00%
- Max
- 83.62%
- Q3
- 41.37%
- Median
- 9.54%
- IAG
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | HMY | IAG |
|---|---|---|
| Dividend Yield (TTM) | 75.74% | 0.00% |
| Dividend Payout Ratio (TTM) | 15.28% | 0.00% |
Valuation
P/E Ratio (TTM)
Both Harmony Gold Mining (HMY) at 6.27 and IAMGOLD (IAG) at 8.34 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.
HMY
Materials industry group
6.27
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- HMY
- 6.27
- Min
- 3.93
IAG
Materials industry group
8.34
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- IAG
- 8.34
- Min
- 3.93
P/S Ratio (TTM)
Harmony Gold Mining (HMY) at 0.11 sits in the cheaper P/S ratio quartile while IAMGOLD (IAG) at 2.77 prices around its industry’s middle — HMY costs less per dollar of sales, though read it alongside growth and margins.
HMY
Materials industry group
0.11
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- HMY
- 0.11
- Min
- 0.00
IAG
Materials industry group
2.77
- Max
- 9.62
- Q3
- 4.34
- IAG
- 2.77
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Harmony Gold Mining (HMY) at 2.34 and IAMGOLD (IAG) at 2.30 are valued close to their industries’ norm against book — neither stands out from peers.
HMY
Materials industry group
2.34
- Max
- 6.59
- Q3
- 3.55
- HMY
- 2.34
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
IAG
Materials industry group
2.30
- Max
- 6.59
- Q3
- 3.55
- IAG
- 2.30
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | HMY | IAG |
|---|---|---|
| P/E Ratio (TTM) | 6.27 | 8.34 |
| P/S Ratio (TTM) | 0.11 | 2.77 |
| P/B Ratio (MRQ) | 2.34 | 2.30 |
| Free Cash Flow Yield (TTM) | 91.49% | 11.69% |