Highland Gold Mining (LON:HGM) Stock Passes Above 200-Day Moving Average of $259.98

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Highland Gold Mining Ltd (LON:HGM)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $259.98 and traded as high as $299.40. Highland Gold Mining shares last traded at $299.10, with a volume of 2,442,642 shares.

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 stock has a market capitalization of $1.09 billion and a P/E ratio of 6.46. The company’s 50 day simple moving average is GBX 297.28 and its two-hundred day simple moving average is GBX 259.98.

In other Highland Gold Mining news, insider Eugene Shvidler sold 17,978,758 shares of the company’s stock in a transaction dated Friday, September 18th. The shares were sold at an average price of GBX 300 ($3.92), for a total transaction of £53,936,274 ($70,468,087.27).

About Highland Gold Mining (LON:HGM)

Highland Gold Mining Limited engages in the acquisition, consolidation, and development of gold mining projects in Russia and Kyrgyzstan. The company explores for gold, silver, zinc, and lead. Its Gold Production 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.

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