Penny Stocks to Buy Under $4.50: Harmony Gold Mining Co.
Harmony Gold Mining Co. is a major mining company working on the exploration, extraction and processing of gold in Africa. This includes mining operations in both South Africa and Papua New Guinea. In addition to mining gold, the company is quite diverse and mines uranium, silver and copper. In September, HMY posted its financial results for the third quarter of 2020. While the results were somewhat disappointing, it is understandable considering the effects of the covid pandemic on mining. Regardless, HMY stock has done quite well compared to many other companies throughout 2020. One of the things to note is that gold demand usually stays quite high during times of economic turmoil.