Highland Gold Mining (HGM) Rating Reiterated by Numis Securities

Highland Gold Mining (LON:HGM)‘s stock had its “buy” rating reaffirmed by stock analysts at Numis Securities in a research report issued on Friday. They presently have a GBX 220 ($2.96) price target on the stock. Numis Securities’ price objective suggests a potential upside of 39.90% from the company’s previous close.

Shares of Highland Gold Mining (LON HGM) opened at GBX 157.25 ($2.12) on Friday. Highland Gold Mining has a 1 year low of GBX 119.89 ($1.61) and a 1 year high of GBX 195.50 ($2.63).

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Highland Gold Mining Company Profile

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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