Highland Gold Mining Ltd (HGM) Earns Buy Rating from Numis Securities Ltd

Numis Securities Ltd reaffirmed their buy rating on shares of Highland Gold Mining Ltd (LON:HGM) in a report published on Friday. The firm currently has a GBX 220 ($2.92) price target on the stock.

Highland Gold Mining (HGM) opened at 151.25 on Friday. The firm’s market cap is GBX 491.90 million. Highland Gold Mining has a one year low of GBX 118.02 and a one year high of GBX 195.50. The company has a 50-day moving average of GBX 150.80 and a 200 day moving average of GBX 152.35.

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The business also recently announced a dividend, which will be paid on Friday, October 13th. Stockholders of record on Thursday, September 14th will be issued a GBX 4.98 ($0.07) dividend. This represents a dividend yield of 3.17%. The ex-dividend date is Thursday, September 14th.

About Highland Gold Mining

Highland Gold Mining Limited is engaged in establishing a portfolio of gold mining operations within the Russian Federation. The Company operates in four segments: gold production, polymetallic concentrate production, development and exploration, and other. The gold production segment comprises two segments, namely Mnogovershinnoye (MNV) and Belaya Gora (BG).

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