Market Overview

Harmony Gold Posts Q2 Loss


Harmony Gold Mining Co. Ltd. (NYSE: HMY) reported a wider loss for the second quarter.

Harmony Gold posted a quarterly net loss of 856 million South African Rand ($74.3 million), versus a loss of ZAR266 million.

Its revenue fell to ZAR3.72 billion from ZAR4.43 billion. The headline loss came in at R496 million in the quarter.

Its gold production shrank 10% to 271,963 ounces.

Harmony Gold shares fell 2.08% to $2.82 in perform.

Posted-In: profitEarnings News


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