$1,000 in Harmony Gold 10 Years Ago? Here's Your Account Balance Now

Imagine you threw $1K into Harmony Gold (HMY) back in November 2015. Fast forward to today—that investment would be sitting at $31,185.57, a jaw-dropping 3,019% gain.

For context: the S&P 500 only returned 224% over the same decade, and even gold itself only climbed 271%. So HMY massively outpaced both traditional indexes and the precious metal itself.

Why the Monster Gains?

Harmony Gold is South Africa’s biggest gold producer, cranking out roughly 1.48M ounces annually across 9 underground mines, several open-pit operations, and facilities in Papua New Guinea. The company pulled in $4.07B in revenue for fiscal 2025.

The real catalyst? Gold prices rallied hard over the past decade, and Harmony’s aggressive expansion is ramping up returns. Two major projects are coming online:

• Wafi-Golpu (PNG): Expected to shift the company from 90%+ South African production to 75% domestic/25% international—a major diversification play
• Eva Copper (Australia): Strategic acquisition that positions Harmony as a low-cost gold and copper producer

What’s Next?

Analysts are bullish. Shares are up 9.34% in just the last month, earnings estimates are being revised upward, and the company is actively reducing debt while boosting shareholder returns. As long as gold stays elevated, HMY could keep printing gains.

The catch? Past performance doesn’t guarantee future returns. But if you spotted this 10 years ago, you absolutely crushed it.