Harmony Gold Rises with Surge in Gold Prices

Reported 1 day ago

Harmony Gold Mining Company Ltd. (NYSE:HMY) saw a significant increase of 5.31% to $13.28, breaking a four-day losing streak as gold prices rose by 0.97% to $3,450.29 per troy ounce, influenced by expectations of an interest rate cut. The company reported a remarkable fiscal year performance with a 75% increase in net income to $802 million, driven by higher gold prices, prompting a cash dividend of $8.88 for shareholders.

Source: YAHOO

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