Highland Gold Mining Ltd (HGM) Price Target Raised to GBX 230 at Numis Securities Ltd
Highland Gold Mining Ltd (LON:HGM) had its price target hoisted by Numis Securities Ltd from GBX 210 ($2.74) to GBX 230 ($3.00) in a research report released on Tuesday. They currently have a buy rating on the stock.
Shares of Highland Gold Mining (LON:HGM) opened at 149.50 on Tuesday. The company has a 50-day moving average price of GBX 129.41 and a 200 day moving average price of GBX 104.99. The firm’s market capitalization is GBX 486.21 million. Highland Gold Mining has a 12-month low of GBX 47.35 and a 12-month high of GBX 149.75.
The firm also recently declared a dividend, which will be paid on Friday, October 21st. Stockholders of record on Thursday, October 6th will be given a GBX 5 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, October 6th. This is a positive change from Highland Gold Mining’s previous dividend of $2.50. This represents a dividend yield of 3.66%.
Highland Gold Mining Company Profile
Highland Gold Mining Limited is engaged in building a portfolio of gold mining operations within the Russian Federation and Kyrgyzstan. The Company operates through four segments: Gold production, Polymetallic concentrate production, Development and exploration and Other. The Gold production segment consists of two segments, namely Mnogovershinnoye (MNV) and Belaya Gora (BG).
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