Resolute Mining Limited (OTCMKTS:RMGGF) Short Interest Update

Resolute Mining Limited (OTCMKTS:RMGGF) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 1,073,789 shares, an increase of 245.5% from the February 26th total of 310,789 shares. Based on an average daily volume of 10,967 shares, the days-to-cover ratio is presently 97.9 days.

Resolute Mining Stock Down 1.4%

Shares of OTCMKTS RMGGF opened at $0.83 on Thursday. The business has a fifty day simple moving average of $0.98 and a two-hundred day simple moving average of $0.80. Resolute Mining has a twelve month low of $0.25 and a twelve month high of $1.22.

About Resolute Mining

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.