Shares of Resolute Mining Limited (LON:RSG - Get Free Report) traded up 2.1% during mid-day trading on Thursday . The company traded as high as GBX 31.70 ($0.43) and last traded at GBX 31.70 ($0.43). 59,134 shares were traded during trading, a decline of 76% from the average session volume of 251,578 shares. The stock had previously closed at GBX 31.05 ($0.42).
Analysts Set New Price Targets
Separately, Berenberg Bank lifted their price target on Resolute Mining from GBX 41 ($0.56) to GBX 45 ($0.61) and gave the company a "buy" rating in a research note on Wednesday, July 2nd.
Get Our Latest Stock Report on Resolute Mining
Resolute Mining Trading Up 2.1%
The firm has a market cap of £844.59 million, a P/E ratio of 68.85 and a beta of 1.28. The company has a debt-to-equity ratio of 9.86, a current ratio of 1.19 and a quick ratio of 0.41. The stock has a 50 day moving average of GBX 28.99 and a 200 day moving average of GBX 23.27.
Resolute Mining Company Profile
(
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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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