Resolute Mining Limited (OTCMKTS:RMGGF) Short Interest Down 28.1% in January

Resolute Mining Limited (OTCMKTS:RMGGF) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 1,382,379 shares, a decline of 28.1% from the January 15th total of 1,922,965 shares. Based on an average trading volume of 16,484 shares, the short-interest ratio is presently 83.9 days. Based on an average trading volume of 16,484 shares, the short-interest ratio is presently 83.9 days.

Resolute Mining Price Performance

RMGGF opened at $0.90 on Friday. The firm has a 50-day simple moving average of $0.87 and a two-hundred day simple moving average of $0.69. Resolute Mining has a 52 week low of $0.22 and a 52 week high of $1.09.

About Resolute Mining

Resolute Mining Limited, trading OTC under the symbol RMGGF, is an Australian‐based gold producer focused on the exploration, development and operation of gold mining assets across Africa and Australia. The company’s core activities include open‐pit and underground mining, ore processing and the sale of gold dore bars to regional refineries. Resolute’s vertically integrated approach encompasses the full mining lifecycle, from early‐stage exploration to sustained production and asset optimisation.

Resolute’s principal operating assets include the Syama Gold Mine in Mali, the Bibiani Gold Mine in Ghana, the Mako Gold Mine in Senegal and the Ravenswood Gold Mine in Queensland, Australia.