Resolute Mining Limited (LON:RSG – Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 38.40 ($0.51) and last traded at GBX 37.80 ($0.50), with a volume of 597833 shares changing hands. The stock had previously closed at GBX 35.40 ($0.47).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 39 ($0.52) target price on shares of Resolute Mining in a research report on Friday, August 30th.
Read Our Latest Analysis on RSG
Resolute Mining Stock Down 1.9 %
Resolute Mining Company Profile
Resolute Mining Limited engages in mining, prospecting, and exploration for minerals in Africa, the United Kingdom, and Australia. It is involved in mining gold and silver. The company's flagship project is the Syama Gold Mine located in Mali, West Africa. It also owns Mako Gold Mine in Senegal, West Africa.
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