Highland Gold Mining Ltd (HGM) Given “Buy” Rating at Numis Securities Ltd

Numis Securities Ltd reissued their buy rating on shares of Highland Gold Mining Ltd (LON:HGM) in a research report released on Thursday morning. Numis Securities Ltd currently has a GBX 220 ($2.89) price target on the stock.

Highland Gold Mining (HGM) traded up 0.65% during mid-day trading on Thursday, hitting GBX 155.75. 503,388 shares of the stock were exchanged. Highland Gold Mining has a 52 week low of GBX 118.02 and a 52 week high of GBX 195.50. The stock’s market cap is GBX 506.53 million. The company has a 50 day moving average price of GBX 152.07 and a 200 day moving average price of GBX 151.38.

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The firm also recently declared a dividend, which will be paid on Friday, October 13th. Stockholders of record on Thursday, September 14th will be issued a dividend of GBX 4.98 ($0.07) per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a dividend yield of 3.17%.

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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