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Harmony Gold Mining Soars on Strong FY24 Results

Harmony Gold Mining Soars on Strong FY24 Results

Harmony Gold Mining (HMY) has released an update.

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Harmony Gold Mining Company reported a stellar financial year, ending June 30, 2024, with headline earnings per share surging by 132% and a 25% increase in group revenue driven by higher gold prices and improved recovered grades. The company declared a final dividend and achieved a record operating free cash flow, up 111%, solidifying its strong financial position. Operational excellence and strategic investments have led to a 6% production increase and a robust balance sheet, positioning Harmony for continued growth.

For further insights into HMY stock, check out TipRanks’ Stock Analysis page.

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