Resolute Mining (LON:RSG) Shares Down 6.7% – Time to Sell?

Resolute Mining Limited (LON:RSGGet Free Report)’s share price traded down 6.7% on Thursday . The stock traded as low as GBX 19.40 ($0.24) and last traded at GBX 19.40 ($0.24). 13,338 shares were traded during trading, a decline of 95% from the average session volume of 259,579 shares. The stock had previously closed at GBX 20.80 ($0.26).

Resolute Mining Stock Up 8.2 %

The stock has a market cap of £447.30 million, a PE ratio of 1,680.00 and a beta of 1.28. The business has a fifty day moving average of GBX 20.43 and a 200-day moving average of GBX 30.02. The company has a debt-to-equity ratio of 10.70, a current ratio of 1.19 and a quick ratio of 0.41.

About Resolute Mining

(Get Free Report)

Resolute Mining (ASX/LSE: RSG) is an African gold miner, developer and explorer with more than 30 years of experience across Australia and Africa. To date, the company has produced over nine million ounces of gold. It currently operates the Syama Gold Mine in Mali and the Mako Gold Mine in Senegal. Resolute’s gold production and cost guidance for FY2023 is 350,000oz at an All-In Sustaining Cost of $1,480/oz.

Through all its activities, sustainability is the core value at Resolute.

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