By Ian Walker

 

Harmony Gold Mining Co. Ltd. (HAR.JO) said Monday it expects to report earnings per share for the half year ended Dec. 31, 2016, compared with a loss for the comparable period, citing higher average gold spot prices, a gain on the Hidden Valley acquisition and gains recognized on the gold and currency hedges.

Harmony said it now expects to report headline earnings per share between 139 South African cents (10.2 US cents) and 160 cents a share for the half year, compared with a loss of 103 cents a year earlier. Earnings per share are expected to be between 341 cents and 361 cents, compared with a loss of 102 cents, it said.

 

-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

 

(END) Dow Jones Newswires

January 30, 2017 05:23 ET (10:23 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
Harmony Gold Mining (NYSE:HMY)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Harmony Gold Mining Charts.
Harmony Gold Mining (NYSE:HMY)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Harmony Gold Mining Charts.