Market Overview

Harmony Gold Posts Rise In Fiscal Year Profit

Related HMY
Harmony Gold Mining (HMY) Enters Overbought Territory - Tale of the Tape
Gold Miners See Wild Swings In Short Interest (AEM, AU, HMY)

Harmony Gold Mining Co (NYSE: HMY) reported a rise in net profit for its fiscal year.

Harmony's net profit for the period surged to 2.6 billion rand ($333 million), versus ZAR617 million, in the year-ago period.

Its net profit for the fourth quarter dropped 95% y/y to ZAR47 million. Its gold output for the year fell to 1.27 million troy ounces, from 1.393 million troy ounces, in the year-ago period.

Harmony shares fell 0.58% to close at $10.28 yesterday.

Posted-In: profitEarnings News

 

Most Popular

Related Articles (HMY)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free