Resolute Mining (RMGGF) to Announce Earnings on Thursday

Resolute Mining (OTCMKTS:RMGGF) is anticipated to release 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 Stock Performance

Shares of OTCMKTS:RMGGF opened at $0.81 on Tuesday. Resolute Mining has a 52 week low of $0.43 and a 52 week high of $1.22. The company has a 50-day moving average price of $0.71 and a 200 day moving average price of $0.86.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada started coverage on Resolute Mining in a research note on Friday, August 7th. They set an “outperform” rating for the company. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Resolute Mining presently 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.