Resolute Mining (LON:RSG) Shares Up 0.2% – Here’s Why

Shares of Resolute Mining Limited (LON:RSG) rose 0.2% on Wednesday . The stock traded as high as GBX 22 ($0.28) and last traded at GBX 21.85 ($0.28). Approximately 194,901 shares were traded during trading, a decline of 7% from the average daily volume of 210,450 shares. The stock had previously closed at GBX 21.80 ($0.28).

Resolute Mining Stock Up 0.2 %

The firm has a 50-day moving average price of GBX 19.60 and a two-hundred day moving average price of GBX 25.96. The company has a market capitalization of £582.21 million, a price-to-earnings ratio of 47.46 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.

Resolute Mining Company Profile

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 FY2023 is 350,000oz at an All-In Sustaining Cost of $1,480/oz.

Through all its activities, sustainability is the core value at Resolute.