ASX:RSGMetals and Mining
Assessing Resolute Mining's Valuation After New Guinea Gold MoU Expands West African Growth Path
Resolute Mining (ASX:RSG) has signed a Memorandum of Understanding with Nimba Mining Company and the Government of Guinea to assess and potentially co develop gold projects in one of West Africa's key gold regions.
See our latest analysis for Resolute Mining.
The MoU arrives after a strong period for the stock, with a 7 day share price return of 7.9% and a year to date share price return of 21.9%. The 1 year total shareholder return of about 2.4x signals powerful longer term momentum.
If this...