Resolute Mining (OTCMKTS:RMGGF) Given New GBX 31 Price Target at Berenberg Bank

Resolute Mining (OTCMKTS:RMGGF – Get Rating) had its price objective cut by Berenberg Bank from GBX 37 ($0.46) to GBX 31 ($0.38) in a report released on Monday morning, The Fly reports.

Resolute Mining Stock Performance

Shares of OTCMKTS:RMGGF opened at $0.19 on Monday. Resolute Mining has a twelve month low of $0.10 and a twelve month high of $0.27. The firm has a 50 day simple moving average of $0.14 and a 200-day simple moving average of $0.16.

Resolute Mining Company Profile

(Get Rating)

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.