Shares of Resolute Mining Limited (LON:RSG – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 43.80 ($0.57) and last traded at GBX 43.66 ($0.57), with a volume of 70761 shares traded. The stock had previously closed at GBX 43 ($0.56).
Analysts Set New Price Targets
Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 39 ($0.51) price target on shares of Resolute Mining in a research note on Friday, August 30th.
Check Out Our Latest Stock Report on Resolute Mining
Resolute Mining Stock Up 1.5 %
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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