Highland Gold Mining Ltd (LON:HGM) announced a dividend on Tuesday, September 4th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 13th will be paid a dividend of GBX 6 ($0.08) per share on Friday, October 5th. This represents a dividend yield of 4.45%. The ex-dividend date of this dividend is Thursday, September 13th. This is a positive change from Highland Gold Mining’s previous dividend of $5.42. The official announcement can be accessed at this link.
Shares of LON HGM traded down GBX 4.60 ($0.06) during trading on Friday, hitting GBX 131 ($1.69). The company had a trading volume of 654,339 shares, compared to its average volume of 1,390,000. Highland Gold Mining has a fifty-two week low of GBX 130.36 ($1.68) and a fifty-two week high of GBX 191.75 ($2.47).
Separately, Numis Securities reiterated a “buy” rating and issued a GBX 210 ($2.71) target price on shares of Highland Gold Mining in a research report on Friday, May 25th.
About Highland Gold Mining
Highland Gold Mining Limited is engaged in establishing a portfolio of gold mining operations within the Russian Federation. The Company operates in four segments: gold production, polymetallic concentrate production, development and exploration, and other. The gold production segment comprises two segments, namely Mnogovershinnoye (MNV) and Belaya Gora (BG).
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