Resolute Mining (OTCMKTS:RMGGF – Get Rating) had its price target reduced by analysts at Berenberg Bank from GBX 37 ($0.45) to GBX 31 ($0.38) in a report issued on Monday, The Fly reports.
Resolute Mining Price Performance
Shares of RMGGF stock traded up $0.02 during mid-day trading on Monday, hitting $0.19. The company had a trading volume of 82,500 shares, compared to its average volume of 25,660. Resolute Mining has a 52-week low of $0.10 and a 52-week high of $0.27. The stock's 50 day moving average price is $0.14 and its 200-day moving average price is $0.16.
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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. Its portfolio include Syama, which is located in the south of Mali in West Africa; Mako, which is located in eastern Senegal in West Africa; and Bibiani, which is located in the western region of Ghana in West Africa.Read More
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