Highland Gold Mining Limited (HGM.L) (LON:HGM) Stock Passes Below 200-Day Moving Average – Time to Sell?

Highland Gold Mining Limited (HGM.L) (LON:HGM) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 299.60 ($3.77) and traded as low as GBX 299.40 ($3.76). Highland Gold Mining Limited (HGM.L) shares last traded at GBX 299.60 ($3.77), with a volume of 3,141,119 shares traded.

Highland Gold Mining Limited (HGM.L) Stock Performance

The company has a debt-to-equity ratio of 33.80, a current ratio of 3.86 and a quick ratio of 1.95. The company has a market cap of £1.09 billion and a PE ratio of 6.47. The business has a fifty day simple moving average of GBX 299.60 and a two-hundred day simple moving average of GBX 299.60.

About Highland Gold Mining Limited (HGM.L)

Highland Gold Mining Limited engages in the gold mining operations in Russia and Kyrgyzstan. The company explores for gold, silver, zinc, and lead. The company's Gold Production of Khabarovsk Region segment holds 100% interests in the Mnogovershinnoye mine, which is located in the Nikolaevsk area of the Khabarovsk Territory in the far-east of Russia; and the Belaya Gora, which is located in the Khabarovsk region, Russia.