The Highland Gold Mining Ltd (HGM) Given “Buy” Rating at Numis Securities Ltd

The Highland Gold Mining Ltd (HGM) Given “Buy” Rating at Numis Securities Ltd

Numis Securities Ltd reissued their buy rating on shares of Highland Gold Mining Ltd (LON:HGM) in a research report released on Thursday morning. Numis Securities Ltd currently has a GBX 220 ($2.89) price target on the stock.

Highland Gold Mining (HGM) traded up 0.65% during mid-day trading on Thursday, hitting GBX 155.75. 503,388 shares of the stock were exchanged. Highland Gold Mining has a 52 week low of GBX 118.02 and a 52 week high of GBX 195.50. The stock’s market cap is GBX 506.53 million. The company has a 50 day moving average price of GBX 152.07 and a 200 day moving average price of GBX 151.38.

The firm also recently declared a dividend, which will be paid on Friday, October 13th. Stockholders of record on Thursday, September 14th will be issued a dividend of GBX 4.98 ($0.07) per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a dividend yield of 3.17%.

Highland Gold Mining Company Profile

Highland Gold Mining Limited is engaged in establishing a portfolio of gold mining operations within the Russian Federation. The Company operates in four segments: gold production, polymetallic concentrate production, development and exploration, and other. The gold production segment comprises two segments, namely Mnogovershinnoye (MNV) and Belaya Gora (BG).

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