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Helikon Investments Acquires Substantial Stake in Resolute Mining

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Helikon Investments Acquires Substantial Stake in Resolute Mining

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Resolute Mining ( (AU:RSG) ) has provided an update.

Helikon Investments Limited has become a substantial holder in Resolute Mining Limited, acquiring a 6.9179% voting power through 147,286,546 fully paid ordinary shares. This acquisition indicates a significant investment by Helikon, potentially impacting Resolute Mining’s shareholder dynamics and market perception.

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

Average Trading Volume: 17,727,575

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.36B

See more insights into RSG stock on TipRanks’ Stock Analysis page.

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