Highland Gold Mining Ltd Rating Reiterated by Numis Securities Ltd (HGM)
Highland Gold Mining Ltd (LON:HGM)‘s stock had its “buy” rating reaffirmed by analysts at Numis Securities Ltd in a research report issued to clients and investors on Thursday, ARN reports. They currently have a GBX 110 ($1.75) target price on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 48.65% from the stock’s previous close.
Highland Gold Mining Ltd (LON:HGM) opened at 77.85 on Thursday. Highland Gold Mining Ltd has a one year low of GBX 49.50 and a one year high of GBX 134.25. The stock has a 50-day moving average of GBX 74.95 and a 200-day moving average of GBX 77.72.
A number of other firms have also recently commented on HGM. Analysts at Westhouse Securities reiterated a “buy” rating on shares of Highland Gold Mining Ltd (LON:HGM) in a research note to investors on Wednesday. They now have a GBX 135 ($2.14) price target on the stock.
Highland Gold Mining Limited (LON:HGM) is engaged in establishing a portfolio of gold mining operations within the Russian Federation.
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