Resolute Mining (OTCMKTS:RMGGF) Trading Up 7.5% – Here’s Why

Resolute Mining Limited (OTCMKTS:RMGGFGet Free Report)’s share price traded up 7.5% on Wednesday . The company traded as high as $0.27 and last traded at $0.27. 1,200 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 3,733 shares. The stock had previously closed at $0.25.

Resolute Mining Stock Performance

The firm’s 50 day moving average price is $0.26 and its 200-day moving average price is $0.39.

About Resolute Mining

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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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