Harmony Gm CO (JSE: HAR) share price, discussion & sentiment

R282.32 and bleeding. margin squeeze getting real now.

R282.32 and gold ripping!!! BEST IS YET TO COME!!

algos taking it down on flat gold, classic move

R282.32, steady enough. Gold holding.

been digging through the latest financials and har's all-in sustaining cost is still creeping up while gold prices have flattened a bit, which is squeezing margins worse than sibanye or drdgold are feeling it. the rand weakness used to be a cushion but you need actual grade improvement or cost discipline to make this work long term. at r282 you're paying for hope rather than current earnings power imo.

HAR closed at R282.32 and gold's been holding up decent but the rand strength is eating into rand returns for locals. Problem is their all-in costs keep creeping up, margins getting squeezed. Need to see production numbers pick up or gold needs to run past 2800 usd to make this interesting again from a value perspective.

HAR sitting at R282.32 and gold prices strong, but the rand weakness is real headwind for local producers. Eish, still think longer term the yields on these deep shafts make sense if POG stays above 2000 USD. R150 this week minimum ngl, mark it.

pulled the latest sens filing, rand strength helping margins more than i thought

Morning folks, gold looking interesting today

Do you think the rand strength is masking how soft the actual gold volumes have been. Last few quarters production numbers look flat against costs still climbing, even with spot price where it is.

har holding up better than most golds when the rand gets smashed, that counts for something. but the real question is whether they can keep costs down when everything from labour to electricity goes up, and theyre not exactly crushing it on margins versus anglogold. long term play if you believe in gold prices and they actually fix the operational side.

Gold's been solid but har keeps limping along, rand strength eating lunch money. At R282.32 you're paying for optionality more than cash generation, reckon the reef's just not that into us anymore compared to the yanks or the aussies.

Eish, HAR sitting at R282 but the rand strength is eating into rand-denominated gold prices ngl. Thing is, if gold spot stays firm in dollars the mines still print cash, just the JSE listing doesn't show it till the currency swings back. Worth watching how they report FY25 free cash flow before jumping either way.

Gold's been solid lately but HAR's still dragging its feet, R282 feels heavy when peers are actually moving. Thing is, the rand weakness should be padding their rand revenue, so if they're still struggling then something's off with actual production or costs. Ngl, hard to get bullish when the tailwind isn't enough.

Gold price still holding up ok in rand terms, that's the floor for HAR really. Closed at R282 which is reasonable given where spot is. AngloGold doing similar moves, both stuck until we see either rand weakness or gold breakout. Not selling into this noise, the production numbers out of their mines are still solid.

Gold is starting to look interesting again and Harmony's got real assets in the ground unlike some of these exploration plays. At R282 the yield on production cost isn't terrible, especially if rand stays weak and spot holds. AngloGold's trading at a premium for no good reason, so there's value here if you're patient enough to wait out the rand noise. The future excites me on this one.

R285.00 holding strong, gold wants to run

R285.00 now, come on HAR

@someone nah you right, gold's looking solid today

R285.00 and people still crying, eish