Resolute Mining (OTCMKTS:RMGGF) Trading 7.5% Higher – Still a Buy?

Resolute Mining Limited (OTCMKTS:RMGGFGet Free Report) traded up 7.5% during trading on Wednesday . The stock traded as high as $0.27 and last traded at $0.27. 1,200 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 3,733 shares. The stock had previously closed at $0.25.

Resolute Mining Price Performance

The business has a fifty day simple moving average of $0.26 and a two-hundred day simple moving average of $0.39.

About Resolute Mining

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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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