Harmony Gold Mining (NYSE:HMY) & Theta Gold Mines (OTCMKTS:TGMGF) Financial Analysis

Theta Gold Mines (OTCMKTS:TGMGF) and Harmony Gold Mining (NYSE:HMY) are both basic materials companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, risk, institutional ownership, earnings, valuation and profitability.

Analyst Ratings

This is a summary of recent recommendations for Theta Gold Mines and Harmony Gold Mining, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Theta Gold Mines	0	0	0	0	0.00
Harmony Gold Mining	0	3	1	1	2.60

Harmony Gold Mining has a consensus target price of $16.00, suggesting a potential upside of 10.04%. Given Harmony Gold Mining’s stronger consensus rating and higher probable upside, analysts plainly believe Harmony Gold Mining is more favorable than Theta Gold Mines.

Valuation and Earnings

This table compares Theta Gold Mines and Harmony Gold Mining”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Theta Gold Mines	N/A	N/A	N/A	N/A	N/A
Harmony Gold Mining	$4.07 billion	2.28	$792.56 million	N/A	N/A

Harmony Gold Mining has higher revenue and earnings than Theta Gold Mines.

Volatility and Risk

Theta Gold Mines has a beta of -2.07, meaning that its stock price is 307% less volatile than the S&P 500. Comparatively, Harmony Gold Mining has a beta of 0.95, meaning that its stock price is 5% less volatile than the S&P 500.

Institutional and Insider Ownership

31.8% of Harmony Gold Mining shares are held by institutional investors. 16.0% of Harmony Gold Mining shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

This table compares Theta Gold Mines and Harmony Gold Mining’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Theta Gold Mines	N/A	N/A	N/A
Harmony Gold Mining	N/A	N/A	N/A

Summary

Harmony Gold Mining beats Theta Gold Mines on 8 of the 8 factors compared between the two stocks.

About Theta Gold Mines

Theta Gold Mines Limited operates as a gold exploration and development company in South Africa. Its principal property is the Theta project located near the town of Pilgrim’s Rest in Mpumalanga Province. The company was formerly known as Stonewall Resources Limited and changed its name to Theta Gold Mines Limited in December 2018. The company was incorporated in 2008 and is based in Sydney, Australia.

About Harmony Gold Mining

Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. The company explores for uranium, silver, copper, and molybdenum deposits. It has eight underground operations in the Witwatersrand Basin; an open-pit mine on the Kraaipan Greenstone Belt; and various surface source operations in South Africa. In addition, the company owns interests in the Hidden Valley, an open-pit gold and silver mine; and the Wafi-Golpu project located in Morobe Province in Papua New Guinea. Further, it holds interest in Rosby and Eva Copper Project located in Queensland, Australia. Harmony Gold Mining Company Limited was incorporated in 1950 and is headquartered in Randfontein, South Africa.