Resolute Mining (LON:RSG) Trading Up 0.2% – What’s Next?

Resolute Mining Limited (LON:RSG) shares traded up 0.2% on Wednesday . The company traded as high as GBX 22 ($0.28) and last traded at GBX 21.85 ($0.28). 194,901 shares traded hands during trading, a decline of 7% from the average session volume of 210,450 shares. The stock had previously closed at GBX 21.80 ($0.28).

Resolute Mining Price Performance

The stock has a market capitalization of £582.21 million, a P/E ratio of 47.46 and a beta of 1.28. The company has a debt-to-equity ratio of 9.86, a current ratio of 1.19 and a quick ratio of 0.41. The company’s 50-day simple moving average is GBX 19.60 and its 200-day simple moving average is GBX 25.96.

About Resolute Mining

Resolute Mining (ASX/LSE: RSG) is an African gold miner, developer and explorer with more than 30 years of experience across Australia and Africa. To date, the company has produced over nine million ounces of gold. It currently operates the Syama Gold Mine in Mali and the Mako Gold Mine in Senegal. Resolute’s gold production and cost guidance for FY2023 is 350,000oz at an All-In Sustaining Cost of $1,480/oz.

Through all its activities, sustainability is the core value at Resolute.