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Resolute Mining Limited (ASX:RSG)‘s stock had its “underweight” rating reiterated by research analysts at Morgan Stanley in a report released on Thursday.

Resolute Mining Limited (ASX:RSG) traded up 2.42% during mid-day trading on Thursday, hitting A$0.635. 6,632,754 shares of the company’s stock traded hands. Resolute Mining Limited has a 52 week low of A$0.405 and a 52 week high of A$1.145. The stock’s 50-day moving average is A$0.62 and its 200-day moving average is A$0.61. The company has a market cap of A$407.0 million and a P/E ratio of 32.63.

Resolute Mining Limited (ASX:RSG) is engaged in gold mining, and prospecting and exploration for minerals.

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