Highland Gold Mining Limited (HGM.L) (LON:HGM) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Highland Gold Mining Limited (HGM.L) (LON:HGM)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 299.60 ($3.76) and traded as high as GBX 302.60 ($3.79). Highland Gold Mining Limited (HGM.L) shares last traded at GBX 299.60 ($3.76), with a volume of 3,141,119 shares changing hands.

Highland Gold Mining Limited (HGM.L) Stock Performance

The company has a debt-to-equity ratio of 33.80, a current ratio of 3.86 and a quick ratio of 1.95. The business has a 50-day moving average of GBX 299.60 and a 200-day moving average of GBX 299.60. The company has a market capitalization of £1.09 billion and a P/E ratio of 6.47.

About Highland Gold Mining Limited (HGM.L)

Highland Gold Mining Limited engages in the gold mining operations in Russia and Kyrgyzstan. The company explores for gold, silver, zinc, and lead. The company's Gold Production of Khabarovsk Region segment holds 100% interests in the Mnogovershinnoye mine, which is located in the Nikolaevsk area of the Khabarovsk Territory in the far-east of Russia; and the Belaya Gora, which is located in the Khabarovsk region, Russia.