Resolute Mining (RMGGF) Projected to Post Earnings on Thursday

Resolute Mining (OTCMKTS:RMGGF) is expected to be posting its results after the market closes on Thursday, August 20th. Analysts expect the company to post earnings of $0.0675 per share and revenue of $585.00 million for the quarter.

Resolute Mining Trading Up 0.1%

Shares of RMGGF stock opened at $0.81 on Wednesday. Resolute Mining has a 1-year low of $0.43 and a 1-year high of $1.22. The stock’s fifty day simple moving average is $0.71 and its 200-day simple moving average is $0.86.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada assumed coverage on Resolute Mining in a research report on Friday, August 7th. They set an “outperform” rating for the company. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Resolute Mining currently has a consensus rating of “Buy”.

Resolute Mining Company Profile

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.