Highland Gold Mining Ltd Given New GBX 80 Price Target at Numis Securities Ltd (HGM)
Stock analysts at Numis Securities Ltd dropped their price objective on shares of Highland Gold Mining Ltd (LON:HGM) from GBX 110 ($1.81) to GBX 80 ($1.32) in a report issued on Monday, American Banking and Market News reports. The firm currently has a “buy” rating on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 42.22% from the company’s current price.
Shares of Highland Gold Mining Ltd (LON:HGM) opened at 58.50 on Monday. Highland Gold Mining Ltd has a 52 week low of GBX 49.50 and a 52 week high of GBX 120.00. The stock has a 50-day moving average of GBX 58.53 and a 200-day moving average of GBX 66.59.
Highland Gold Mining Limited (LON:HGM) is engaged in establishing a portfolio of gold mining operations within the Russian Federation.
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