Harmony Gold Mining (HMY) vs Iamgold (IAG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Iamgold (IAG) has outperformed Harmony Gold Mining (HMY) over the past year, gaining 37.4% versus a loss of 10.5%. Over five years, IAG leads with a +571.5% price change compared with +336.3% for HMY. Harmony Gold Mining is the larger company by market cap ($10.54 billion vs $10.51 billion), about 1.0 times the size, while Iamgold is growing revenue faster (+74.7% vs +11.9%).
On valuation, Harmony Gold Mining trades at a lower forward P/E (5.1x vs 7.8x for Iamgold). Harmony Gold Mining pays a dividend yielding 76.01%, while Iamgold does not currently pay one. Iamgold converts more of its revenue into profit, with a net margin of 25.7% versus -20.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HMY | IAG |
|---|---|---|
| Share price | $16.84 | $18.40 |
| Market cap | $10.54B | $10.51B |
| 1-day change | +2.12% | +2.05% |
| YTD return | -15.38% | +11.58% |
| 1-year return | -10.47% | +37.42% |
| 5-year return | +336.27% | +571.53% |
| P/E ratio (TTM) | 6.15 | 9.29 |
| Forward P/E | 5.10 | 7.75 |
| EPS (TTM) | $2.74 | $1.98 |
| Dividend yield | 76.01% | 0.00% |
| Annual dividend | $12.80 | $0.00 |
| Revenue (latest FY) | $1.58B | $2.85B |
| Revenue growth (YoY) | +11.86% | +74.70% |
| Net income (latest FY) | $-321.00M | $732.30M |
| Gross margin | -13.64% | 42.28% |
| Operating margin | -21.15% | 38.33% |
| Net margin | -20.27% | 25.67% |
| 52-week high | $26.06 | $24.87 |
| 52-week low | $13.03 | $10.87 |
| Distance from 52-week high | -35.38% | -26.02% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +31.77% | +32.23% |
| Average volume | 3.55M | 5.38M |
| Shares outstanding | 626.11M | 571.00M |
| Employees | — | 3,800 |
| Sector | Basic Materials | Basic Materials |
| Industry | Precious Metals | Precious Metals |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- IAG has outperformed HMY by 47.9 percentage points over the past year.
- Iamgold trades at a higher earnings multiple (9.3x vs 6.1x trailing P/E).
- Harmony Gold Mining offers a meaningfully higher dividend yield (76.01% vs 0.00%).
- Iamgold is more profitable, keeping 25.7 cents of every revenue dollar as net income versus -20.3 cents for Harmony Gold Mining.
- Iamgold grew revenue faster in its latest fiscal year (+74.70% vs +11.86%).
About Harmony Gold Mining
HMY stock →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.
Basic Materials · Precious Metals
About Iamgold
IAG stock →IAMGOLD Corporation, through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso. The company's flagship project includes Côté Gold that covers an area of 596 hectares located in the Chester and Yeo Townships, district of sudbury, in northeastern Ontario.
Basic Materials · Precious Metals · 3,800 employees
HMY vs IAG FAQ
Which is bigger, Harmony Gold Mining or Iamgold?
Harmony Gold Mining (HMY) is larger, with a market capitalization of $10.54B compared with $10.51B for Iamgold (IAG).
Which stock has performed better over the past year, HMY or IAG?
IAG returned +37.42% over the past 12 months, compared with -10.47% for HMY (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HMY or IAG?
HMY has the lower trailing P/E at 6.1, versus 9.3 for IAG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Harmony Gold Mining or Iamgold?
Harmony Gold Mining pays a dividend yielding 76.01%, while Iamgold does not currently pay a regular dividend.
Are Harmony Gold Mining and Iamgold in the same industry?
Yes. Both are classified in the Precious Metals industry within the Basic Materials sector.