Resolute Mining (OTCMKTS:RMGGF) Stock Price Down 2% – Here’s Why

Shares of Resolute Mining Limited (OTCMKTS:RMGGFGet Free Report) were down 2% during trading on Monday . The company traded as low as $0.22 and last traded at $0.24. Approximately 1,500 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 12,737 shares. The stock had previously closed at $0.25.

Resolute Mining Stock Performance

The firm’s 50 day moving average is $0.36 and its 200 day moving average is $0.41.

Resolute Mining Company Profile

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Resolute Mining Limited engages in mining, prospecting, and exploration for minerals in Africa, the United Kingdom, and Australia. It is involved in mining gold and silver. The company's flagship project is the Syama Gold Mine located in Mali, West Africa. It also owns Mako Gold Mine in Senegal, West Africa.

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