Harmony Gold Mining (HMY) – Strong Growth & Rising ProfitabilityCompany Overview:
Harmony Gold Mining NYSE:HMY continues to outperform expectations, delivering higher grades, cost efficiency, and production expansion.
Key Catalysts:
High-Quality Gold Extraction ⛏️
Underground recovered grades surged to 6.4 g/t, exceeding full-year guidance.
Reinforces HMY’s ability to extract high-quality ore.
Cost Efficiency & Rising Gold Prices 📈
All-in sustaining costs at ZAR 972,000/kg, well-managed despite inflationary pressures.
Gold’s safe-haven demand surging due to geopolitical tensions, boosting HMY’s margins.
Expansion & Future Growth 🚀
New high-grade mining site announced, set to enhance future production & revenue growth.
Investment Outlook:
Bullish Case: We remain bullish on HMY above $10.50-$11.00, supported by cost control & rising gold prices.
Upside Potential: Our price target is $17.00-$18.00, driven by high-margin production & increasing investor interest in gold.
🔥 HMY – Unlocking Gold’s Full Potential. #HMY #GoldMining #SafeHavenAsset
