Trade Report: The Highland Gold Mining Ltd (HGM) Stock Rating Reaffirmed by Numis Securities Ltd

The Highland Gold Mining Ltd (HGM) Stock Rating Reaffirmed by Numis Securities Ltd

Highland Gold Mining Ltd (LON:HGM)‘s stock had its “buy” rating reiterated by Numis Securities Ltd in a report released on Tuesday. They presently have a GBX 230 ($2.85) price objective on the stock. Numis Securities Ltd’s price target points to a potential upside of 55.14% from the company’s previous close.

Highland Gold Mining (LON:HGM) opened at 148.50 on Tuesday. The company’s market cap is GBX 482.95 million. Highland Gold Mining has a one year low of GBX 48.25 and a one year high of GBX 164.75. The company has a 50 day moving average of GBX 132.31 and a 200-day moving average of GBX 111.25.

The business also recently announced a dividend, which will be paid on Friday, October 21st. Stockholders of record on Thursday, October 6th will be paid a dividend of GBX 5 ($0.06) per share. The ex-dividend date is Thursday, October 6th. This represents a dividend yield of 3.66%. This is a boost from Highland Gold Mining’s previous dividend of $2.50.

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