Despite third-quarter production disruptions due to flooding, Harmony Gold remains optimistic about fulfilling its annual forecast.
📈 Boom! Harmony Gold (NYSE: HMY) saw a whopping 5.9% surge in its shares on Monday, buoyed by the company's assurance that it's still full steam ahead to meet all its yearly production, grade, and cost targets, evenafter taking a 6% hit in gold production YTD due to rainy days and safety-related halts in Q3.
The surge in Harmony Gold's shares may indicate a positive outlook in the industry, as the company remains committed to meeting its financial targets despite setbacks. The movements in the finance sector could potentially reflect the overall performance of gold mining companies, including Harmony Gold.
