Harmony Gold Mining ( (HMY) ) has issued an announcement.
Harmony Gold Mining Company Limited announced its trading statement and operating update for the six months ended December 31, 2024. The company reported a significant increase in earnings due to higher revenue from safe and consistent production and a rise in the average gold price. Despite increased production costs and taxation, earnings per share are expected to rise by 24% to 42% compared to the previous period. The results reflect Harmony’s strategic investments in safety and operational excellence, leveraging the high gold price environment to generate robust cash flows.
More about Harmony Gold Mining
Harmony Gold Mining Company Limited is a South African company operating in the gold mining industry. It focuses on producing gold and has a market presence in South Africa and Papua New Guinea.
YTD Price Performance: 28.77%
Average Trading Volume: 6,398,699
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $6.77B
Learn more about HMY stock on TipRanks’ Stock Analysis page.