# Resolute Mining Ltd 46.6% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/resolute-mining-ltd-46.6-potential-upside-indicated-by-berenberg-bank/4121132491
- Published: 2023-11-09T12:57:43+00:00
- Author: Charlotte Edwards

**Resolute Mining Ltd** with ticker (LON:RSG) now has a potential upside of 46.6%
according to Berenberg Bank.
Berenberg Bank set a target price of 28 GBX for the
company, which when compared to the Resolute Mining Ltd share price of 19 GBX at
opening today (09/11/2023) indicates a potential upside of 46.6%. Trading has ranged
between 9 (52 week low) and 29 (52 week high) with an average of 84,529 shares exchanging
hands daily. The market capitalisation at the time of writing is £777,901,330.Resolute
Mining Ltd is an Australia-based gold miner. The Company is engaged in exploring,
developing, and operating gold mines. The Company owns two producing gold mines:
the Syama Gold Mine in Mile (Syama) and the Mako Gold Mine in Senegal (Mako). The
Syama is located in the southwest of Mali, approximately 30 kilometers (km) from
the Cote d’Ivoire border and 300 km southeast of the capital Bamako. It comprises
the Syama Underground Mine, the Tabakoroni Complex, which comprises an open pit.
The Mako Gold Mine is located in eastern Senegal, West Africa, which is an open 
pit mine. The Company is also involved in exploration with drilling campaigns underway
across its African tenements with a focus on Mali, Senegal and Guinea. The Company
also operates a fleet of development jumbos, production drills, loaders and trucks.

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