Harmony Gold Mining Co. Ltd. Sponsored ADR Stock News

Their foundational asset wasn't looking like such a precious metal on Monday.

Spotify stock is near a buy point and all-time highs while two other stocks are in buy zones. One makes the glass for Apple iPhones.

Harmony Gold Mining Company Limited (NYSE:HMY ) Q4 2024 Earnings Conference Call September 5, 2024 4:00 AM ET Company Participants Jared Coetzer - Investor Relations Peter Steenkamp - Chief Executive Officer Boipelo Lekubo - Financial Director Beyers Nel - Group Chief Operating Officer Conference Call Participants Bruce Williamson - Integral Asset Management Leroy Mnguni - HSBC Adrian Hammond -...

Harmony Gold is a high-cost gold miner. Its earnings recovery is expected to be stronger than that of its peers due to the gold price rally. The outlook for the gold price remains positive, even after the September Fed rate cut has been priced in. Production volume continues to surprise the market driven by a sustainable improvement in recovered grade.

Investing in precious metals stocks can be both a rewarding and profitable experience. While these assets have historically served as a hedge against inflation, their true growth potential often remains untapped.

When it comes down to it, it's better to trust analyst consensus rather than to always go the contrarian route. These experts know what they're talking about.

As the U.S. dollar experiences a gradual decline in purchasing power, investors are increasingly turning to precious metals stocks as a safe haven. Precious metals, like gold and silver, have historically served as a hedge against inflation and currency devaluation.

The allure of the best stocks under $10 to buy in 2024 is undeniable. While embarking on this journey is a worthwhile endeavor, it is important to understand what this means.