HMY vs. NGD
Compare and contrast key facts about Harmony Gold Mining Company Limited (HMY) and New Gold Inc. (NGD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HMY or NGD.
Correlation
The correlation between HMY and NGD is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HMY vs. NGD - Performance Comparison
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Key characteristics
HMY:
0.97
NGD:
1.72
HMY:
1.63
NGD:
2.51
HMY:
1.20
NGD:
1.30
HMY:
1.16
NGD:
1.23
HMY:
3.74
NGD:
10.20
HMY:
15.61%
NGD:
10.51%
HMY:
59.06%
NGD:
58.95%
HMY:
-97.05%
NGD:
-96.73%
HMY:
-19.62%
NGD:
-73.17%
Fundamentals
HMY:
$9.01B
NGD:
$3.05B
HMY:
$0.91
NGD:
$0.18
HMY:
15.91
NGD:
21.44
HMY:
0.00
NGD:
-2.09
HMY:
0.13
NGD:
3.24
HMY:
3.60
NGD:
2.96
HMY:
$37.96B
NGD:
$934.03M
HMY:
$14.87B
NGD:
$251.76M
HMY:
$12.93B
NGD:
$379.29M
Returns By Period
In the year-to-date period, HMY achieves a 77.44% return, which is significantly higher than NGD's 52.02% return. Over the past 10 years, HMY has outperformed NGD with an annualized return of 26.35%, while NGD has yielded a comparatively lower 1.41% annualized return.
HMY
77.44%
-19.62%
68.41%
56.62%
32.06%
26.35%
NGD
52.02%
0.80%
49.01%
100.53%
29.96%
1.41%
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Risk-Adjusted Performance
HMY vs. NGD — Risk-Adjusted Performance Rank
HMY
NGD
HMY vs. NGD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Harmony Gold Mining Company Limited (HMY) and New Gold Inc. (NGD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
HMY vs. NGD - Dividend Comparison
HMY's dividend yield for the trailing twelve months is around 1.20%, while NGD has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
HMY Harmony Gold Mining Company Limited | 1.20% | 1.60% | 0.65% | 1.16% | 2.32% | 0.00% | 0.00% | 0.00% | 3.52% | 1.61% |
NGD New Gold Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HMY vs. NGD - Drawdown Comparison
The maximum HMY drawdown since its inception was -97.05%, roughly equal to the maximum NGD drawdown of -96.73%. Use the drawdown chart below to compare losses from any high point for HMY and NGD. For additional features, visit the drawdowns tool.
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Volatility
HMY vs. NGD - Volatility Comparison
The current volatility for Harmony Gold Mining Company Limited (HMY) is 18.85%, while New Gold Inc. (NGD) has a volatility of 23.86%. This indicates that HMY experiences smaller price fluctuations and is considered to be less risky than NGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
HMY vs. NGD - Financials Comparison
This section allows you to compare key financial metrics between Harmony Gold Mining Company Limited and New Gold Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
HMY vs. NGD - Profitability Comparison
HMY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Harmony Gold Mining Company Limited reported a gross profit of 7.29B and revenue of 18.57B. Therefore, the gross margin over that period was 39.3%.
NGD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, New Gold Inc. reported a gross profit of 47.57M and revenue of 208.17M. Therefore, the gross margin over that period was 22.9%.
HMY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Harmony Gold Mining Company Limited reported an operating income of 5.00B and revenue of 18.57B, resulting in an operating margin of 26.9%.
NGD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, New Gold Inc. reported an operating income of 22.00M and revenue of 208.17M, resulting in an operating margin of 10.6%.
HMY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Harmony Gold Mining Company Limited reported a net income of 3.93B and revenue of 18.57B, resulting in a net margin of 21.2%.
NGD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, New Gold Inc. reported a net income of -16.65M and revenue of 208.17M, resulting in a net margin of -8.0%.