Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0.0256410256410256 0.0256410256410256 0.0227920227920227
Stock impact report

World’s Deepest Gold Mines on a ‘Cliff’ as Virus Curbs Output [Yahoo! Finance News]

Harmony Gold Mining Company Limited (HMY) 
US:NYSE Investor Relations: harmony.co.za/investors
) -- South Africa’s gold industry output has dwindled to a fifth of its 1970s’ peak as ever-deepening shafts and higher costs take their toll. The coronavirus may pose an even bigger threat.The pandemic jeopardizes the future of a 134-year-old industry that once employed more than half a million workers on the world’s biggest gold field. While Cyril Ramaphosa’s government has been praised for its rapid response to the health crisis, the country’s five-week lockdown and the strict conditions attached to reopening gold mines risks undermining their viability.To ensure the social distancing needed to safeguard tens of thousands of workers in the world’s deepest mines, the nation’s gold producers will only be allowed to operate with half their normal employees. That may make them unprofitable, even as they struggle with the added burden of screening workers for virus symptoms and testing of those who display them.“They are pretty much on a cliff,” said Rene Hochreiter, an analyst at Noah Show less Read more
Impact Snapshot
Event Time:
HMY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
HMY alerts

from News Quantified
Opt-in for
HMY alerts

from News Quantified