HMY: Harmony Gold Mining Company Ltd Stock Price, Quote and News

Wall Street also turned its attention to a meeting between congressional leaders and President Joe Biden on the U.S. debt ceiling. The precious metal’s investors are happy with the company’s recent quarterly performance. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.

An indication of interest to purchase securities involves no obligation or commitment of any kind. A $0.55 per contract fee applies for certain options trades. The company reported 20 cents in earnings per share excluding items, above the 17 cents expected by analysts. Revenue also beat expectations at $111 million compared with a $110.1 million forecast.

Tech stock Keysight advanced more than 7% after the bell on the back of a strong quarterly earnings report and guidance for the current quarter. The new data was in an investor update filed with the Securities and Exchange Commission on Tuesday. Home prices in China fell, with prices 0.2% lower year-on-year, compared to a 0.8% decline seen in the previous month, according to Reuters’ calculations. The pan-European Stoxx 600 index was down 0.2% at the start of the session, with most sectors and major bourses trading in negative territory. Financial services made the biggest losses, down 1.3%, followed by autos, which dropped 0.9%. Concerns over the potential of default weighed on investors in Tuesday’s regular session.

• This puts Graham Briggs in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
• “The TOPIX has broken out, and it’s broad, with roughly 80% of issues above the 200-day (compared to just 50% for S&P).”
• You can practice and explore trading HMY stock methods without spending real money on the virtual paper trading platform.

All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns. You can find your newly purchased HMY stock in your portfolio—alongside the rest of your stocks, ETFs, crypto, treasuries, and alternative assets. Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. The coverage limits provide protection for securities and cash up to an aggregate of $150 million, subject to maximum limits of $37.5 million for any one customer’s securities and $900,000 for any one customer’s cash. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities. HMY’s beta can be found in Trading Information at the top of this page.

Target shares fall after lackluster revenue growth

He added that Western Alliance’s “business model [is] more resilient than perceived.” The Omaha-based conglomerate had owned 2.36 million shares of RH at the end of 2022. Berkshire first bought the stock in the first quarter of 2019. RH has fallen 8% this year, following a 50% decline in 2022. Energy and utilities stocks were the biggest laggards in the S&P 500 on Tuesday, with each sector down 2.5% and 1.9%, respectively.

About one-third of respondents said they think the Federal Reserve still could raise interest rates higher. Money transfer group Zepz is laying off 420 employees, the company told CNBC exclusively, as the fintech sector grapples with a tough macroeconomic environment. Excluding auto-related components, sales rose 0.4%, in line with expectations. A 0.8% decrease in gas station sales held back the total, as did a 3.3% decline at sporting goods, musical and book stores. The Dow Jones Industrial Average traded 127 points lower, or 0.4%. Google-parent Alphabet shares were also higher, up about 1.7%.

Since then, HMY stock has increased by 47.9% and is now trading at $5.03. Markets pointed to a recovery from a selloff on Wall Street as traders pinned hopes on talks in Washington to break a deadlock on raising the debt ceiling. Western Alliance shares have been on a recent upswing, up 17% over the past week – and posting a gain of 15% since this week has begun.

By Tuesday, the whole company had been told about the move. Check out some of the companies making headlines in premarket trading. “Looking ahead, our sense is that the key driver of valuations will transition away from real rates and toward the growth outlook — which is typical heading into a recession!” Chris Senyek wrote https://business-oppurtunities.com/turnkey-broker-make-a-profit-for-your-company/ in a Tuesday note. Information technology and communication services stocks outperformed in the broader index, up about 0.35% and 0.32%, respectively. “We’ve seen inflation move down from a year ago from last summer,” she said during an appearance at the Central Bank of Ireland, according to a transcript of the event.

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About Harmony Gold Mining Co Ltd (HMY)

Here’s how some of the most popular gold and silver stocks were performing as of 3 … All investments involve risk, and not all risks are suitable for every investor. The value of securities may fluctuate and as a result, clients may lose more than their original investment.

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Harmony Gold reports fatality at its Tshepong North mine in South Africa

Tuesday’s “meeting between President Biden and House Speaker McCarthy went as well as could have reasonably been hoped for,” wrote Citi chief U.S. economist Andrew Hollenhorst, in a note. China’s economic data for April widely missed expectations as the economy continued to show an uneven recovery path as it emerges from the impact of its stringent Covid restrictions. “If these risks materialized, they would further delay the return of inflation to target, with the prospect of a damaging shift in inflation expectations,” the minutes said. The company earned $3.82 per share, beating a Refinitiv forecast of $3.80 per share. Revenue for the fiscal first quarter, however, came in at $37.26 billion. Additionally, Home Depot lowered its fiscal year guidance as consumers buy fewer big-ticket items and push back larger projects.

Only two S&P 500 sectors out of 11 were trading in positive territory on Tuesday morning. Rep. Barr asked why a report that Fed Governor Barr prepared on the bank failures didn’t include an examination of the impact that the central bank’s rate hikes had on financial instability. Speaking during a House Financial Services Committee hearing on the implosion of Silicon Valley Bank and other institutions, the Kentucky Republican grilled Michael S. Barr, the Fed’s vice chair for banking supervision.

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Shares of Western Alliance jumped about 7% in extended trading after the bank said that its deposit growth for the current quarter surpassed $2 billion as of May 12. “While McCarthy said a deal is possible by end of this week, the timeline may be by the end of next week ahead of the Memorial Day,” JPMorgan traders wrote. “With that in mind, Equities may trade in a tight range until an outcome is observed with the biggest downside risk coming if we enter Memorial Day weekend without a solution, given the early June x-date.” Traders at JPMorgan expect the market to remain in a tight trading range as lawmakers try to reach a deal on the U.S. debt ceiling.

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The Federal Reserve’s aggressive interest rate hiking campaign helped cause the troubles in the mid-size regional banking industry, Rep. Andy Barr charged Tuesday. Morgan Stanley analyst warned of potentially big swings for some of the regional banks it covers as the fallout for the crisis continues. “Globally, we struggle to find a better collection of charts than what our regular Japan reviews reveal,” Strategas’ Chris Verrone wrote in a Tuesday note. “The TOPIX has broken out, and it’s broad, with roughly 80% of issues above the 200-day (compared to just 50% for S&P).” The tech-centric hedge fund also initiated new positions in a host of semiconductor names and software stocks.

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The Dow led the major indexes down with a 1% drop, followed by the S&P 500 and Nasdaq Composite with respective losses of about 0.6% and 0.2%. Get this delivered to your inbox, and more info about our products and services. Dish Network — Shares of the satellite TV provider added 3.4% in extended trading hours.

Meanwhile, the stock was down more than 6% late Tuesday morning. J.P. Morgan analyst Dominic OKane maintained a Hold rating on Harmony Gold Mining (HMY – Research Report) yesterday and set a price target of $3.90. The company’s shares closed yesterday at $3.51.OKane covers the Basic Mat… Gold miner stocks surged Friday toward a 5 1/2-month high, as growing worries about how the coronavirus outbreak will impact the U.S. economy send gold prices surging toward 7-year highs.

Ltd. (HAR.JO) said Tuesday that it swung to profit in the first half of fiscal 2020, but produced less gold in the period and lowered its guidance for the full year. Shares of gold miners were broadly higher Monday, boosted by the continued . The VanEck Vectors Gold Miners ETF jumped 4.5% in midday trading, putting it on track for the highest close since January 2013, as all 55 compon… (Kitco News) – Harmony Gold Mining today reported that four of its employees have tragically lost their lives following an infrastructure maintenance-related incident on Saturday, 7 May 2022, at its K… (Kitco News) – Harmony Gold, a senior global gold producer, announced today that it has entered into an agreement to acquire the entity which owns 100% of the Eva copper project and a package of regio…

Spending rose 0.4% for the month, below the Dow Jones estimate for 0.8%. The numbers are not adjusted for inflation, so the monthly gain, combined with the 0.4% increase in the consumer price index, showed that spending just kept up with inflation pace. The conglomerate added $126 million to its Occidental stake on Thursday, Friday and Monday at an average price of $58.06 per share, the filing showed. Semiconductor stocks jumped, with shares of Advanced Micro Devices rising 4.5%, and Lam Research up by 1.3%. Western Alliance shares have lost more than 58% over the past three months. “WAL does not share a ton in terms of business model and balance sheet characteristics relative to the three failed banks,” Poonawala wrote in a Tuesday note.