Resolute Mining (OTCMKTS:RMGGF) Trading 8.3% Higher – Here’s Why

Shares of Resolute Mining Limited (OTCMKTS:RMGGFGet Free Report) shot up 8.3% during trading on Wednesday . The company traded as high as $0.26 and last traded at $0.26. 5,000 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 9,524 shares. The stock had previously closed at $0.24.

Resolute Mining Stock Performance

The firm has a 50 day moving average price of $0.46 and a two-hundred day moving average price of $0.41.

Resolute Mining Company Profile

(Get Free Report)

Resolute Mining Limited engages in mining, prospecting, and exploration for minerals in Africa, the United Kingdom, and Australia. It is involved in mining gold and silver. The company's flagship project is the Syama Gold Mine located in Mali, West Africa. It also owns Mako Gold Mine in Senegal, West Africa.

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