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Resolute Mining ( (AU:RSG) ) has shared an announcement.
Goldman Sachs Group, Inc. has become a substantial shareholder in Resolute Mining Limited, holding a 5.1608% voting power through various subsidiaries. This acquisition signifies a notable investment in the mining sector, potentially impacting Resolute Mining’s operations and market positioning by aligning with a major financial institution, which could influence stakeholder confidence and future strategic decisions.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
More about Resolute Mining
Resolute Mining Limited is a company operating in the mining industry, focusing primarily on gold production and exploration activities. The company is engaged in the development and operation of gold mines in various locations, aiming to enhance its market position within the global mining sector.
Average Trading Volume: 13,459,817
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.22B
Learn more about RSG stock on TipRanks’ Stock Analysis page.