Highland Gold Mining Ltd (HGM) Raises Dividend to GBX 5 Per Share

Highland Gold Mining Ltd (LON:HGM) announced a dividend on Monday, September 26th. Stockholders of record on Thursday, October 6th will be paid a dividend of GBX 5 ($0.07) per share on Friday, October 21st. This represents a dividend yield of 3.66%. The ex-dividend date is Thursday, October 6th. This is a positive change from Highland Gold Mining’s previous dividend of $2.50. The official announcement can be accessed at this link.

Shares of Highland Gold Mining (LON:HGM) traded up 0.37% during mid-day trading on Monday, hitting GBX 136.50. The stock had a trading volume of 2,759,506 shares. Highland Gold Mining has a 52-week low of GBX 47.35 and a 52-week high of GBX 149.50. The firm’s market cap is GBX 443.93 million. The stock’s 50-day moving average price is GBX 128.99 and its 200-day moving average price is GBX 104.42.

Dividend History for Highland Gold Mining (LON:HGM)

Separately, Numis Securities Ltd lifted their price objective on Highland Gold Mining from GBX 170 ($2.22) to GBX 210 ($2.74) and gave the stock a “buy” rating in a report on Tuesday, July 19th.

Highland Gold Mining Company Profile

Highland Gold Mining Limited is engaged in building a portfolio of gold mining operations within the Russian Federation and Kyrgyzstan. The Company operates through four segments: Gold production, Polymetallic concentrate production, Development and exploration and Other. The Gold production segment consists of two segments, namely Mnogovershinnoye (MNV) and Belaya Gora (BG).

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