HMY vs AGI vs B Stock Comparison

Harmony Gold Mining, Alamos Gold and Barrick Mining Prices as of Nov 2, 2026 Peers: Industry group
AGI Alamos Gold Inc
$27.76 -14.5% 1M -9.8% 1Y
Market cap
$11.66B
P/E
11.0x
Revenue (TTM)
$2.28B
Div. yield
0.54%
Gold Basic Materials
3 wins
B Barrick Mining Corp
$37.97 -5.6% 1M +15.8% 1Y
Market cap
$63.61B
P/E
9.9x
Revenue (TTM)
$20.66B
Div. yield
2.46%
Gold Basic Materials
5 wins

Head to Head

12 decided of 12

Barrick Mining leads on 5 of the 12 questions below (Barrick Mining 5, Harmony Gold Mining 4, Alamos Gold 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHMYAGIBLeader
Larger companyMarket capitalisation $9.65B $11.66B $63.61B B
Cheaper on earningsLower P/E, profitable companies only 5.5x 11.0x 9.9x HMY
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.3x 12.4x 10.1x HMY
Faster revenue growthRevenue growth, trailing twelve months — +41.5% +49.4% B
More profitableNet margin, trailing twelve months — 46.7% 31.6% AGI
Better return on capitalReturn on invested capital — 25.6% 24.8% AGI
Less leveragedLower net debt / EBITDA — -0.3x -0.1x AGI
Higher dividend yieldTrailing dividend yield 5.07% 0.54% 2.46% HMY
Better 1-year returnPrice return, last 12 months -7.9% -9.8% +15.8% B
Better 5-year returnAnnualised price return, 5 years +33.7%/yr +29.4%/yr +15.3%/yr HMY
Less volatileAnnualised volatility, 1 year 64.0% 55.9% 47.3% B
Higher overall scoreMean of the five percentile scores vs peers 70/100 69/100 79/100 B

Percentile Scorecard

HMYAGIB

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHMYAGIB
Valuation 85 #25 of 165 60 #66 of 165 87 #23 of 165
Growth – 72 #43 of 150 92 #13 of 150
Profitability – 88 #15 of 122 93 #9 of 122
Financial Health 29 #118 of 166 62 #64 of 166 53 #79 of 166
Shareholder Returns 95 #6 of 107 62 #41 of 107 70 #33 of 107
Overall 70 69 79
  • HMY ranked among 177 companies in Metals and Mining
  • AGI ranked among 177 companies in Metals and Mining
  • B ranked among 177 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHMYAGIBSPY
1 month -12.5%-14.5%-5.6% -2.3%
3 months -7.7%-3.3%+1.7% -0.7%
6 months -1.9%-28.9%-1.0% +4.8%
Year to date -23.6%-28.0%-12.8% +10.3%
1 year -7.9%-9.8%+15.8% +10.3%
3 years +207.7%+106.7%+130.4% +73.0%
3 years, per year +45.5%+27.4%+32.1% +20.1%
5 years +327.0%+262.9%+103.9% +61.9%
5 years, per year +33.7%+29.4%+15.3% +10.1%
10 years +363.4%+249.6%+109.3% +258.6%
10 years, per year +16.6%+13.3%+7.7% +13.6%

Risk

MeasureHMYAGIBSPY
Volatility, 1Y 64.0%55.9%47.3% 12.8%
Downside volatility, 1Y 64.0%61.7%50.8% 12.8%
Beta vs S&P 500, 1Y 2.511.941.85 1.00
Return / volatility, 1Y -0.12-0.180.33 0.80
Max drawdown, 5Y -62.7%-51.0%-48.8% -25.4%
From 52-week high -41.6%-49.8%-28.3% -3.5%
52-week high $26.04$55.33$52.98 $779.14
52-week low $13.32$27.11$31.67 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHMYAGIB
P/E now vs peer median 5.5xmedian 12.5x 11.0xmedian 12.5x 9.9xmedian 12.5x
P/S now vs peer median 1.6xmedian 2.9x 5.1xmedian 2.9x 3.1xmedian 2.9x
EV/EBITDA now vs peer median —median 7.3x 7.5xmedian 7.3x 4.8xmedian 7.3x
P/FCF now vs peer median 3.2xmedian 14.6x -502.4xmedian 14.6x 5.7xmedian 14.6x
P/B now vs peer median 2.1xmedian 2.1x 2.4xmedian 2.1x 2.3xmedian 2.1x
PEG now vs peer median —median 0.28 0.15median 0.28 0.03median 0.28

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHMYAGIB
Revenue – $2.28B $20.66B
Gross profit – – $11.56B
Operating income – $1.30B $10.94B
Net income – $1.06B $9.49B
Free cash flow – -$23.20M $11.25B
R&D – $35.10M $481.00M
EPS (diluted) – $2.51 $3.82
Cash & equivalents $525.23M $597.40M $5.93B
Total debt $577.12M $200.00M $4.68B
Shares (diluted) 628.70M 422.66M 1.71B
Enterprise value $7.89B $8.95B $48.36B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHMYAGIB
P/E 5.5x 11.0x 9.9x
P/FCF 3.2x -502.4x 5.7x
P/Operating cash flow – – 6.8x
P/S 1.6x 5.1x 3.1x
P/B 2.1x 2.4x 2.3x
P/Tangible book 2.1x 2.4x 2.3x
EV/EBITDA – 7.5x 4.8x
EV/EBIT – 8.6x 5.7x
EV/Revenue – 4.9x 3.0x
EV/FCF – -483.4x 5.5x
EV/Operating cash flow – – 6.6x
PEG (3Y EPS CAGR) – 0.15 0.03

Growth

14 metrics
MetricHMYAGIB
Revenue growth (1Y) – 41.5% 49.4%
Revenue CAGR (3Y) – 31.5% 24.2%
Gross profit growth (1Y) – – 89.0%
Gross profit CAGR (3Y) – – 56.9%
Operating income growth (1Y) – 40.7% 111.0%
Operating income CAGR (3Y) – 61.7% 62.3%
Net income growth (1Y) – 97.3% 137.0%
Net income CAGR (3Y) – 73.5% 196.2%
EPS growth (1Y) – 91.6% 142.2%
EPS CAGR (3Y) – 71.5% 364.4%
Operating cash flow growth (1Y) – – 84.0%
Operating cash flow CAGR (3Y) – – 43.8%
Free cash flow growth (1Y) – -118.6% 69.3%
Free cash flow CAGR (3Y) – -27.1% 33.2%

Profitability

14 metrics
MetricHMYAGIB
Gross margin – – 56.0%
EBITDA margin – 65.6% 63.2%
Operating margin – 57.2% 53.0%
Pretax margin – 65.7% 58.9%
Net margin – 46.7% 31.6%
FCF margin – -1.0% 54.4%
Operating cash flow margin – – 45.5%
Return on equity – 21.8% 29.6%
Return on assets – 15.6% 18.1%
Return on invested capital – 25.6% 24.8%
Return on capital employed – 20.8% 22.2%
Asset turnover – 0.3x 0.4x
Cash conversion (OCF / net income) – – 1.0x
Stock comp / revenue – 1.3% –

Financial Health

11 metrics
MetricHMYAGIB
Debt / assets 7.5% 2.9% 8.9%
Debt / equity 0.1x 0.0x 0.2x
Net debt / EBITDA – -0.3x -0.1x
Debt / FCF – -8.6x 0.4x
Liabilities / assets 40.4% 28.3% 47.8%
Equity / assets 59.6% 71.7% 52.2%
Interest coverage – – 63.6x
Current ratio 0.8x 2.0x 3.0x
Quick ratio 0.6x 1.3x 2.1x
Cash ratio 0.4x 1.2x 1.9x
Altman Z-score – 4.78 2.77

Shareholder Returns

7 metrics
MetricHMYAGIB
Dividend yield 5.1% 0.5% 2.5%
Net buyback yield – 0.0% 0.2%
Shareholder yield 5.1% 0.5% 2.7%
Payout ratio (earnings) – – 8.5%
Payout ratio (FCF) – – 7.2%
Dividend growth (1Y) – – -7.5%
Dividend CAGR (3Y) – – -0.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHMYAGIB
Forward P/E 5.3xFY2027 12.4xFY2026 10.1xFY2026
EPS, next fiscal year $2.86FY2027 $2.24FY2026 $3.75FY2026
EPS growth, next FY +6.3%FY2027 +60.0%FY2026 +55.6%FY2026
EPS growth, the year after +39.9% +21.4% +14.4%
Revenue, next fiscal year $6.36BFY2027 $2.52BFY2026 $20.23BFY2026
Revenue growth, next FY +2.5%FY2027 +39.2%FY2026 +19.7%FY2026
Revenue growth, the year after +21.9% +26.5% +24.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHMYAGIB
Held by institutions 13.1% 56.4% 58.0%
Institutions holding 233 473 1,007
Change in shares held, QoQ -20.9% -1.1% -4.7%
Institutions buying 129 241 486
Institutions selling 74 151 339
Buyers to sellers 1.74 1.60 1.43

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HMYAGIB
HMY 1.00 0.82 0.83
AGI 0.82 1.00 0.83
B 0.83 0.83 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HMY, AGI and B?

Barrick Mining (B) is the largest by market capitalisation: Harmony Gold Mining (HMY) $9.65B, Alamos Gold (AGI) $11.66B, Barrick Mining (B) $63.61B.

Which stock is cheaper, HMY, AGI and B?

Harmony Gold Mining (HMY) trades on the lowest price-to-earnings ratio (Harmony Gold Mining (HMY) 5.5x, Alamos Gold (AGI) 11.0x, Barrick Mining (B) 9.9x). On next year's consensus earnings, Harmony Gold Mining (HMY) is cheapest (Harmony Gold Mining (HMY) 5.3x, Alamos Gold (AGI) 12.4x, Barrick Mining (B) 10.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Barrick Mining (B) grew revenue fastest over the trailing twelve months: Alamos Gold (AGI) +41.5%, Barrick Mining (B) +49.4%.

Which company is more profitable?

Alamos Gold (AGI) has the highest net margin (Alamos Gold (AGI) 46.7%, Barrick Mining (B) 31.6%). On return on invested capital, Alamos Gold (AGI) leads (Alamos Gold (AGI) 25.6%, Barrick Mining (B) 24.8%).

Which stock has performed better?

Over the past year Barrick Mining (B) returned the most: Harmony Gold Mining (HMY) -7.9%, Alamos Gold (AGI) -9.8%, Barrick Mining (B) +15.8%. Over five years, Harmony Gold Mining (HMY) compounded fastest (Harmony Gold Mining (HMY) +33.7%/yr, Alamos Gold (AGI) +29.4%/yr, Barrick Mining (B) +15.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Harmony Gold Mining (HMY) has the highest dividend yield: Harmony Gold Mining (HMY) 5.07%, Alamos Gold (AGI) 0.54%, Barrick Mining (B) 2.46%.

Which stock is riskier?

By one-year price volatility, Barrick Mining (B) has been the steadiest (Harmony Gold Mining (HMY) 64.0%, Alamos Gold (AGI) 55.9%, Barrick Mining (B) 47.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HMY, AGI and B?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Barrick Mining (B) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.