HMY vs HBM

Comparison between Harmony Gold Mining Co Ltd (HMY, Company) and Hudbay Minerals Inc (HBM, Company).

Both HMY and HBM are from the Basic Materials sector.

5-Year PerformanceHMY has outperformed HBM, delivering a return of +31.5% compared to +28.0%

HMY vs HBM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HMY(COMPANY)	HBM(COMPANY)
Market Cap	$11B	$11B
Max Drawdown	97.19%	92.73%
Sharpe Ratio	0.64	2.43
5Y Beta	0.81	1.65
Industry	Gold	Copper
P/E Ratio	7.37	16.78
Forward P/E	20.66	14.37
PEG Ratio	0.07	0.05
Dividend Yield	2.25%	0.09%
5Y Dividends CAGR	40.76%	-2.22%
Debt to Equity	24.85%	30.14%
Free Cash Flow Yield	10.45%	2.28%

Market Cap

Winner

HMY

$11B

HBM

$11B

Max Drawdown

HMY

97.19%

Winner

HBM

92.73%

Sharpe Ratio

HMY

0.64

Winner

HBM

2.43

5Y Beta

Winner

HMY

0.81

HBM

1.65

Industry

HMY

Gold

HBM

Copper

P/E Ratio

Winner

HMY

7.37

HBM

16.78

Forward P/E

HMY

20.66

Winner

HBM

14.37

PEG Ratio

HMY

0.07

Winner

HBM

0.05

Dividend Yield

Winner

HMY

2.25%

HBM

0.09%

5Y Dividends CAGR

Winner

HMY

40.76%

HBM

-2.22%

Debt to Equity

Winner

HMY

24.85%

HBM

30.14%

Free Cash Flow Yield

Winner

HMY

10.45%

HBM

2.28%

HMY vs HBM - Historical Returns

Returns include dividend reinvestment.

Period	HMY	HBM
1 month	+7.99%	+13.64%
3 months	-14.86%	+6.32%
6 months	+0.18%	+74.96%
1 year	+25.41%	+220.61%
5 years(CAGR)	+31.49%	+28.00%
10 years(CAGR)	+19.54%	+22.56%
Max(CAGR)	+5.14%	+12.21%

HMY

+7.99%

Winner

HBM

+13.64%

HMY

-14.86%

Winner

HBM

+6.32%

HMY

+0.18%

Winner

HBM

+74.96%

HMY

+25.41%

Winner

HBM

+220.61%

5Y(CAGR)

Winner

HMY

+31.49%

HBM

+28.00%

10Y(CAGR)

HMY

+19.54%

Winner

HBM

+22.56%

Max(CAGR)

HMY

+5.14%

Winner

HBM

+12.21%

HMY vs HBM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HMY	HBM
2026	-8.68%	+38.05%
2025	+137.53%	+133.63%
2024	+36.89%	+48.66%
2023	+76.29%	+8.81%
2022	-11.69%	-28.48%
2021	-21.29%	-1.52%
2020	+26.83%	+70.87%
2019	+100.55%	-13.25%
2018	-5.79%	-48.53%
2017	-18.25%	+47.04%
2016	+110.28%	+46.50%
2015	-52.11%	-56.93%
2014	-26.17%	+6.88%
2013	-71.29%	-22.57%
2012	-24.86%	-0.96%
2011	-5.57%	-44.04%
2010	+20.38%	+37.87%
2009	-4.35%	+211.30%
2008	+2.05%	N/A
2007	-32.48%	N/A
2006	+12.90%	N/A
2005	+45.81%	N/A
2004	-43.61%	N/A
2003	-4.30%	N/A
2002	+162.83%	N/A
2001	+47.62%	N/A
2000	-22.83%	N/A
1999	+1.95%	N/A

HMY vs HBM Drawdown Comparison

The maximum drawdown for HMY was -97.04%, occurring on Nov 20, 2015. Recovery took 4826 trading sessions.

The maximum drawdown for HBM was -92.21%, occurring on Mar 23, 2020. Recovery took 3731 trading sessions.

The current HMY drawdown is -31.37%. The current HBM drawdown is -2.05%.

Rank	HMY	HBM
#1	-97.04% Feb 6, 2006 - Apr 11, 2025	-92.21% Dec 10, 2010 - Oct 13, 2025
#2	-65.55% May 28, 2002 - Jan 31, 2006	-40.97% Nov 9, 2009 - Oct 15, 2010
#3	-50.08% Feb 18, 2000 - Jan 11, 2002	-36.16% Feb 27, 2026 - Mar 20, 2026
#4	-48.85% Jan 28, 2026 - Mar 20, 2026	-31.59% Jun 11, 2009 - Aug 5, 2009
#5	-30.64% Oct 16, 2025 - Jan 12, 2026	-20.13% Oct 14, 2009 - Nov 5, 2009
#6	-29.91% Apr 16, 2025 - Sep 23, 2025	-19.50% May 4, 2009 - Jun 11, 2009
#7	-28.41% Nov 26, 1999 - Feb 10, 2000	-17.02% Oct 13, 2025 - Dec 10, 2025
#8	-19.79% Feb 28, 2002 - Mar 22, 2002	-13.22% Jan 28, 2026 - Feb 24, 2026
#9	-14.29% Feb 15, 2002 - Feb 28, 2002	-12.80% Feb 26, 2009 - Mar 24, 2009
#10	-13.00% Apr 26, 2002 - May 9, 2002	-11.92% Mar 27, 2009 - Apr 2, 2009
#11	-10.61% Mar 27, 2002 - Apr 10, 2002	-9.02% Apr 13, 2009 - Apr 24, 2009
#12	-8.52% Nov 10, 1999 - Nov 23, 1999	-7.91% Feb 18, 2009 - Feb 24, 2009
#13	-7.53% May 13, 2002 - May 20, 2002	-7.32% Aug 13, 2009 - Sep 9, 2009
#14	-7.02% Feb 8, 2002 - Feb 14, 2002	-6.98% Sep 30, 2009 - Oct 6, 2009
#15	-6.28% Jan 16, 2002 - Jan 29, 2002	-6.81% Aug 5, 2009 - Aug 13, 2009

Correlation

Correlation between HMY and HBM is 0.77 which considered as a strong positive correlation - the stocks tend to move together.

0.77

-101

Dividend Comparison (2000 - 2026)

HMY vs HBM dividend yield comparison.

Year	HMY	HBM
2026	1.78%	0.03%
2025	1.07%	0.07%
2024	1.59%	0.17%
2023	0.66%	0.31%
2022	1.14%	0.32%
2021	2.23%	0.22%
2020	0.00%	0.21%
2019	0.00%	0.36%
2018	0.00%	0.38%
2017	3.13%	0.23%
2016	1.37%	0.35%
2015	0.00%	0.52%
2014	0.00%	0.23%
2013	1.84%	1.34%
2012	1.23%	1.99%
2011	1.38%	2.01%
2010	0.56%	0.55%
2009	0.63%	0.00%
2004	1.11%	0.00%
2003	2.19%	0.00%
2002	2.60%	0.00%
2001	1.98%	0.00%
2000	3.38%	0.00%