Could Highland Gold Mining Ltd Change Direction After Today’s Huge Increase?

 Could Highland Gold Mining Ltd Change Direction After Today's Huge Increase?

The stock of Highland Gold Mining Ltd (LON:HGM) is a huge mover today! The stock decreased 3.36% or GBX 5.33 on November 10, hitting GBX 153.17. About 1.44 million shares traded hands. Highland Gold Mining Ltd (LON:HGM) has risen 97.51% since April 13, 2016 and is uptrending. It has outperformed by 91.86% the S&P500.
The move comes after 9 months positive chart setup for the GBX 498.92 million company. It was reported on Nov, 10 by Barchart.com. We have GBX 260.39 PT which if reached, will make LON:HGM worth GBX 349.24M more.

More news for Highland Gold Mining Ltd (LON:HGM) were recently published by: Fool.Co.Uk, which released: “Are 88 Energy Ltd, Highland Gold Mining Ltd and Plexus Holdings plc too risky …” on May 12, 2016. Fool.Co.Uk‘s article titled: “Would Glencore plc, Fresnillo plc and Highland Gold Mining Ltd survive a …” and published on June 15, 2016 is yet another important article.

Highland Gold Mining Limited is engaged in establishing a portfolio of gold mining activities within the Russian Federation. The company has a market cap of 498.92 million GBP. The Firm operates in four divisions: gold production, polymetallic concentrate production, development and exploration, and other. It has a 49.97 P/E ratio. The gold production segment comprises two divisions, namely Mnogovershinnoye and Belaya Gora (BG).

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