Resolute Mining Limited (OTCMKTS:RMGGF) Short Interest Down 76.8% in April

Resolute Mining Limited (OTCMKTS:RMGGF) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 369,944 shares, a decrease of 76.8% from the March 31st total of 1,596,737 shares. Based on an average daily volume of 1,510 shares, the days-to-cover ratio is presently 245.0 days.

Resolute Mining Trading Down 7.0%

Shares of Resolute Mining stock opened at $0.91 on Friday. Resolute Mining has a 12-month low of $0.29 and a 12-month high of $1.22. The company has a 50-day simple moving average of $0.98 and a 200 day simple moving average of $0.85.

About Resolute Mining

Resolute Mining Limited, trading OTC under the symbol RMGGF, is an Australian‐based gold producer focused on the exploration, development and operation of gold mining assets across Africa and Australia. The company’s core activities include open‐pit and underground mining, ore processing and the sale of gold dore bars to regional refineries. Resolute’s vertically integrated approach encompasses the full mining lifecycle, from early‐stage exploration to sustained production and asset optimisation.

Resolute’s principal operating assets include the Syama Gold Mine in Mali, the Bibiani Gold Mine in Ghana, the Mako Gold Mine in Senegal and the Ravenswood Gold Mine in Queensland, Australia.