Resolute Mining (LON:RSG – Get Free Report)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a report issued on Thursday, Digital Look reports. They presently have a GBX 94 price objective on the stock. Berenberg Bank‘s target price indicates a potential upside of 62.07% from the company’s previous close.
Separately, Royal Bank Of Canada restated an “outperform” rating and set a GBX 110 target price on shares of Resolute Mining in a report on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 237.25.
Read Our Latest Analysis on Resolute Mining
Resolute Mining Price Performance
RSG stock opened at GBX 58 on Thursday. The company has a market cap of £1.24 billion, a price-to-earnings ratio of 6.42 and a beta of 1.32. The company has a current ratio of 1.61, a quick ratio of 0.41 and a debt-to-equity ratio of 19.83. Resolute Mining has a 12 month low of GBX 39.40 and a 12 month high of GBX 86. The firm has a 50-day moving average of GBX 64.90 and a two-hundred day moving average of GBX 65.02.
Resolute Mining Company Profile
Resolute is an African-focused gold miner with more than 30 years of experience as an explorer, developer and operator. Throughout its history the Company has produced more than 9 million ounces of gold from ten gold mines. The Company is now entering a growth phase through the development of the Doropo project in Côte d’Ivoire which will supplement the existing production from the Syama mine in Mali and Mako mine in Senegal. The Company trades on the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE) under the ticker RSG.
See Also
- Five stocks we like better than Resolute Mining
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
Receive News & Ratings for Resolute Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Resolute Mining and related companies with MarketBeat.com's FREE daily email newsletter.
