COMP <GO>

IAG vs HMY // 10Y YIELD & FRED MACRO BETA

Iamgold Corporation (NYSE) VS. Harmony Gold Mining Company Limited (NYSE) • 15-METRIC TALLY: IAG 3 — HMY 1

▲ 10Y YIELD & FRED MACRO BETA LEADER: IAG

LAST: $16.00 (+3.56%) • MKT CAP: $8.82B

macro-sensitivity

1.15

LAST: $15.20 (+5.19%) • MKT CAP: $9.17B

macro-sensitivity

0.92

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (IAG VS. HMY) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	IAG	HMY	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	9.90%	9.90%	0.00	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	21.0x	21.0x	0.00	TIE	/valuation <GO>
Free Cash Flow Yield	2.21%	2.21%	0.00	TIE	/fcf-yield <GO>
Operating Margin	13.90%	13.90%	0.00	TIE	/operating-margins <GO>
Net Profit Margin	10.90%	10.90%	0.00	TIE	/net-margins <GO>
Revenue Growth (YoY)	22.00%	18.70%	+3.30	IAG	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.74	3.74	0.00	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	8/9	0.00	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	36.5	33.9	+2.60	IAG	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta ACTIVE	1.15	0.92	+0.23	IAG	/macro-sensitivity <GO>
Forward P/E Multiple	27.6x	27.6x	0.00	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$8.82B	$9.17B	-$350.4M	HMY	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	IAG REV	HMY REV	IAG GROSS %	HMY GROSS %	IAG FCF	HMY FCF
INSPECT INDIVIDUAL XBRL MODELS AT IAG FA <GO> AND HMY FA <GO>.

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

IAG // BETA 1.15

HMY // BETA 0.92