Resolute Mining (LON:RSG - Free Report) had its price objective raised by Berenberg Bank from GBX 41 ($0.56) to GBX 45 ($0.61) in a research report sent to investors on Wednesday morning, MarketBeat reports. They currently have a buy rating on the stock.
Resolute Mining Stock Up 4.7%
Shares of RSG traded up GBX 1.40 ($0.02) on Wednesday, hitting GBX 31 ($0.42). 132,428 shares of the stock traded hands, compared to its average volume of 257,961. Resolute Mining has a one year low of GBX 16.90 ($0.23) and a one year high of GBX 46 ($0.63). The company has a market capitalization of £825.94 million, a PE ratio of 67.33 and a beta of 1.28. The business has a 50 day simple moving average of GBX 28.21 and a 200 day simple moving average of GBX 22.88. The company has a debt-to-equity ratio of 9.86, a quick ratio of 0.41 and a current ratio of 1.19.
About Resolute Mining
(
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Resolute Mining ASX/LSE: RSG is an African gold miner, developer, and explorer with more than 30 years of experience across Australia and Africa. To date the Company has produced over nine million ounces of gold. It currently operates the Syama Gold Mine in Mali and the Mako Gold Mine in Senegal. Resolute's gold production and cost guidance for 2025 is 275,000 - 300,000 oz at an AISC of $1,650 - 1,750/oz.
Through all its activities, sustainability is the core value at Resolute.
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