Numis Securities reiterated their buy rating on shares of Highland Gold Mining (LON:HGM) in a research report report published on Friday. Numis Securities currently has a GBX 220 ($2.96) target price on the stock.

Highland Gold Mining (LON HGM) traded down GBX 3.25 ($0.04) during mid-day trading on Friday, reaching GBX 155 ($2.09). 3,594,561 shares of the company’s stock were exchanged, compared to its average volume of 863,566. Highland Gold Mining has a 12 month low of GBX 119.89 ($1.61) and a 12 month high of GBX 195.50 ($2.63).

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About Highland Gold Mining

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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