Analyst Price Target is GBX 39
▲ +113.11% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Resolute Mining in the last 3 months. The average price target is GBX 39, with a high forecast of GBX 39 and a low forecast of GBX 39. The average price target represents a 113.11% upside from the last price of GBX 18.30.
Current Consensus is
Buy
The current consensus among 1 investment analysts is to buy stock in Resolute Mining. This Buy consensus rating has held steady for over two years.
Resolute Mining (ASX/LSE: RSG) is an African gold miner, developer and explorer with more than 30 years of experience across Australia and Africa. To date, the company has produced over nine million ounces of gold. It currently operates the Syama Gold Mine in Mali and the Mako Gold Mine in Senegal. Resolute's gold production and cost guidance for FY2023 is 350,000oz at an All-In Sustaining Cost of $1,480/oz.
Through all its activities, sustainability is the core value at Resolute. This means that protecting the environment, providing a safe and productive working environment for employees, uplifting host communities, and practising good corporate governance are non-negotiable priorities. Resolute's commitment to sustainability and good corporate citizenship has been cemented through its adoption of and adherence to the Responsible Gold Mining Principles (RGMPs). This framework, which sets out clear expectations for consumers, investors, and the gold supply chain as to what constitutes responsible gold mining, is an initiative of the World Gold Council of which Resolute has been a member since 2017. The Company is on track to reach full compliance with the RGMPs in 2023.
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