Why Harmony Gold Stock Is Climbing Today
Outpacing the modest 0.70% rise in the price of gold so far today, shares of Harmony Gold Mining (NYSE: HMY) are looking a lot more lustrous in investors' eyes. Shares of the South African gold miner were up 9.9% as of 12:37 p.m. EST on Thursday. Reporting gold production of 413,714 ounces in the first quarter of 2022, Harmony achieved a 32% year-over-year increase thanks to higher gold grades and metric tons milled, which contributed to improved production at several sites.