The word on The Street in general, suggests a Strong Buy analyst consensus rating for Resolute Mining Limited with a $0.43 average price target, an 112.9% upside from current levels. In a report issued on July 28, Berenberg Bank also reiterated a Buy rating on the stock with a p49.00 price target.
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Resolute Mining Ltd. operates as a holding company, which engages in exploration, development, and operation of gold mines across Australia and Africa. It currently operates Syama, Bibiani and Ravenswood gold mines in Africa and Australia. The company was founded on June 8, 2001 and is headquartered in Perth, Australia.
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