Risk factor
High price volatility
Profitability factor
Favourable analyst view
About
Resolute Mining Limited (RSG.AX) is an enterprise primarily focused on the development, operation, and production of gold assets. Its comprehensive activities span across Africa, the United Kingdom, and Australia. A pivotal asset for the company is the Syama Gold Mine, strategically located in Mali, West Africa. Resolute also maintains ownership and operations of the Mako Gold Mine, situated in Senegal, West Africa. Beyond its current production sites, the firm actively undertakes broader mineral prospecting and exploration initiatives. Established in 2001, Resolute Mining Limited's corporate headquarters are situated in Perth, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, neutral on EV/E
Target Price
The average target price of RSG.AX is 2.3 and suggests 151% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr