Highland Gold Mining (HGM) Rating Reiterated by Numis Securities

Numis Securities reaffirmed their buy rating on shares of Highland Gold Mining (LON:HGM) in a research note published on Friday morning. They currently have a GBX 250 ($3.39) price objective on the stock.

Highland Gold Mining (LON HGM) traded down GBX 2 ($0.03) during mid-day trading on Friday, reaching GBX 170.30 ($2.31). The company’s stock had a trading volume of 1,399,499 shares, compared to its average volume of 929,215. Highland Gold Mining has a twelve month low of GBX 130.36 ($1.77) and a twelve month high of GBX 195.50 ($2.65). The stock has a market capitalization of $557.69 and a PE ratio of 2,128.75.

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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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