Highland Gold Mining Ltd (HGM) Stock Rating Reaffirmed by Numis Securities Ltd
Highland Gold Mining Ltd (LON:HGM)‘s stock had its “buy” rating reaffirmed by analysts at Numis Securities Ltd in a research report issued on Tuesday. They currently have a GBX 230 ($2.85) target price on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 47.91% from the stock’s current price.
Highland Gold Mining (LON:HGM) opened at 155.00 on Tuesday. The company’s market cap is GBX 504.09 million. The firm’s 50 day moving average is GBX 131.56 and its 200 day moving average is GBX 110.39. Highland Gold Mining has a 12-month low of GBX 48.25 and a 12-month high of GBX 164.75.
The firm also recently announced a dividend, which will be paid on Friday, October 21st. Investors of record on Thursday, October 6th will be given a dividend of GBX 5 ($0.06) per share. The ex-dividend date of this dividend is Thursday, October 6th. This is an increase from Highland Gold Mining’s previous dividend of $2.50. This represents a yield of 3.66%.
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Highland Gold Mining Company Profile
Highland Gold Mining Limited is engaged in building a portfolio of gold mining operations within the Russian Federation and Kyrgyzstan. The Company operates through four segments: Gold production, Polymetallic concentrate production, Development and exploration and Other. The Gold production segment consists of two segments, namely Mnogovershinnoye (MNV) and Belaya Gora (BG).
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