Highland Gold Mining Ltd (LON:HGM) had its price objective increased by research analysts at Numis Securities Ltd from GBX 210 ($2.74) to GBX 230 ($3.00) in a research note issued to investors on Tuesday. The firm presently has a “buy” rating on the stock. Numis Securities Ltd’s target price suggests a potential upside of 68.50% from the stock’s previous close.
Highland Gold Mining (LON:HGM) opened at 139.25 on Tuesday. The company’s market capitalization is GBX 452.87 million. The firm’s 50-day moving average price is GBX 128.99 and its 200 day moving average price is GBX 104.42. Highland Gold Mining has a one year low of GBX 47.35 and a one year high of GBX 149.50.
The firm also recently announced a dividend, which will be paid on Friday, October 21st. Stockholders of record on Thursday, October 6th will be issued a dividend of GBX 5 ($0.07) per share. This represents a dividend yield of 3.66%. This is a positive change from Highland Gold Mining’s previous dividend of $2.50. The ex-dividend date of this dividend is Thursday, October 6th.
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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