Why did Harmony Gold Mining Company Ltd (HMY) rise on Thursday?

Photo of author

By [email protected]


We recently published a list of 10 companies Back Bath Bath on the market on Thursday. In this article, we will look at the place where Harmony Gold Mining Company Ltd (NYSE: HMY) stands against the best Thursday performance.

Investors sold positions on Thursday, as they sent the stock market again after President Donald Trump announced that he had raised a tariff for Chinese goods by 145 percent since he took office.

Of all the main indicators, Nasdak was hit too much, and lost 4.31 percent. Followed by S&P 500, a decrease of 3.46 percent, while Dow Jones came at the end, a decrease of 2.50 percent.

Meanwhile, 10 companies have reduced a wider decrease in the market, and they recorded modest gains during the session.

In this article, we listed the 10 best pilgrims on Thursday and detailed the reasons behind their gains.

To reach the list, we considered only $ 2 billion market value shares and a trading volume of $ 5 million.

Why did Harmony Gold Mining Company Ltd (HMY) rise on Thursday?
Why did Harmony Gold Mining Company Ltd (HMY) rise on Thursday?

An open mine with heavy drilling machines ignores away against the background of a hidden valley.

Harmony Gold jumped 10.55 percent on Thursday to achieve $ 16.24 each, in line with the rise in gold prices, as investors sought safety of safer assets such as gold miners.

On Thursday, gold witnessed 0.35 percent, to end at $ 3,187.30 an ounce after jumping to the highest level ever at 3,188.45 dollars in the session during the day.

In the recent news, Bank of America raised its average gold for this year and connected to $ 3,063 an ounce this year and $ 3,350 an ounce in 2026.

The new numbers increased significantly from their previous forecast of $ 2,750 an ounce for 2025 and $ 2,625 an ounce of 2026.

The upgraded expectations of gold mining companies like HMY were spilled.

Earlier this year, the company whose net income in the first semester increased by 33 percent to 7.9 billion Rand from 5.96 billion Rand in the same period in the previous year, as revenues increased by 18 percent to 37.1 billion Rand from 31.4 billion Rand, with gold revenues increased in total revenue growth by 19 to 35.4 million Rand.

Generally, hmi First rank In our list of the best performance on Thursday. While we acknowledge the possibility of HMY as an investment, our condemnation lies in the belief that artificial intelligence shares have a greater promise to provide higher returns and do so in a shorter time frame. Amnesty International has increased since the beginning of 2025, while famous artificial intelligence shares have lost about 25 %. If you are looking for an Amnesty International’s share more promising than HMY but is trading less than 5 times its profits, check our report on this The cheapest inventory of artificial intelligence.



https://s.yimg.com/ny/api/res/1.2/5XumvXKLXbnHu63VKKL2Pg–/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzM-/https://media.zenfs.com/en/insidermonkey.com/07d6a11807d9f422de8e81e2b4c70d52

Source link

Leave a Comment