Resolute Mining Limited (OTCMKTS:RMGGF – Get Free Report) shares dropped 5.4% during mid-day trading on Wednesday . The company traded as low as $0.29 and last traded at $0.30. Approximately 27,000 shares changed hands during mid-day trading, an increase of 358% from the average daily volume of 5,889 shares. The stock had previously closed at $0.32.
Resolute Mining Price Performance
The stock’s 50-day moving average is $0.25 and its 200-day moving average is $0.27.
About Resolute Mining
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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