Resolute Mining (OTCMKTS:RMGGF) Trading Down 3% – Should You Sell?

Resolute Mining Limited (OTCMKTS:RMGGFGet Free Report) dropped 3% during trading on Wednesday . The company traded as low as $0.97 and last traded at $0.97. Approximately 2,500 shares were traded during trading, a decline of 52% from the average daily volume of 5,185 shares. The stock had previously closed at $1.00.

Resolute Mining Price Performance

The stock’s 50-day simple moving average is $0.81 and its two-hundred day simple moving average is $0.64.

About Resolute Mining

(Get Free Report)

Resolute Mining Limited, trading OTC under the symbol RMGGF, is an Australian‐based gold producer focused on the exploration, development and operation of gold mining assets across Africa and Australia. The company’s core activities include open‐pit and underground mining, ore processing and the sale of gold dore bars to regional refineries. Resolute’s vertically integrated approach encompasses the full mining lifecycle, from early‐stage exploration to sustained production and asset optimisation.

Resolute’s principal operating assets include the Syama Gold Mine in Mali, the Bibiani Gold Mine in Ghana, the Mako Gold Mine in Senegal and the Ravenswood Gold Mine in Queensland, Australia.

Recommended Stories

Receive News & Ratings for Resolute Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Resolute Mining and related companies with MarketBeat.com's FREE daily email newsletter.