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Harmony Gold Surges 7.2% After Upbeat Earnings Guidance

Guavy AI Editorial Team
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Gold Copper
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Harmony Gold Mining Company Ltd (HMY) stock surged by 7.20% on August 21, driven by a bullish trading statement and operational update for the full financial year.

The company's substantial upward revision in full-year earnings guidance was fueled by elevated metal prices and solid operational execution.

Harmony Gold expects its fiscal full-year earnings per share to more than double compared to the prior fiscal year, driven by a sharp rise in average realized gold prices and revenue contributions from newly integrated copper assets.

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