RESOLUTE MINING (RSG) Shares

ABOUT RESOLUTE MINING

Resolute Mining Limited is a successful dividend paying gold mining company that provides a range of mining services.

The company has more than 30 years of experience in exploring, developing and operating gold mines and serves customers in Australia and Africa. It has already produced more than 8 million oz of gold.

The company owns four gold mines with the world class Syama Gold Mine in Mali (Syama) as flagship asset.

They are currently commissioning the world’s first fully automated underground mine at Syama which will comprise a low cost, large scale operation and a mine life beyond 2032.

OVERVIEW OF RESOLUTE MINING

• Resolute Mining Limited operates through three segments: Ravenswood, Syama and Bibiani, and two mines – the Syama gold mine in Africa and the Ravenswood gold mine in Australia. The Syama gold mine is near the Cote d’Ivoire border and southeast of the capital Bamako. The Ravenswood gold mine is south-west of Townsville and east of Charters Towers in north-east Queensland.
• Its key development focus is in Mali where it has a portfolio of open pit oxide resources located in various satellite pits to the north and south of the main Syama pit.
• In Ghana, it owns more than 90% of the underground Bibiani Gold Project.
• It is exploring more than 10 800 square kilometers of prospective tenure across the two continents.

VISION & VALUES OF RESOLUTE MINING

• Resolute Mining Limited’s vision is to be an innovative, multi-mine, low cost, African-focused gold producer. Their values are summarized as being bold, agile, courageous and united.
• They are determined and unwavering in character, ideas and action, adopt new methods, systems and technology to improve performance and take smart risks and make tough decisions. Everybody works together to achieve what is best for Resolute and the communities they operate in.
• They strive to comply with and exceed the requirements of applicable legislation, regulations and other policies, codes and standards to which they subscribe and develop and maintain environmental management systems that are consistent with internationally recognised standards.
• They identify and assess the potential environmental effects of all activities and manage environmental risk accordingly.
• Resolute Mining Limited follows this sustainable value chain to ensure that current and future needs of customers are met and aims to maximise returns, income levels, growth and capital appreciation for shareholders who purchase shares with them.

MARKET PERFORMANCE OF RESOLUTE MINING

• Resolute Mining Limited’s shares trade on the Australian Securities Exchange (ASX) under the stock symbol RSG, listed in the Materials sector.

• Highlights of the company’s performance in 2019 include revenue of US Dollar 445.56 million, net income of US Dollar 65.57 million and profit margin of 14.72%. Their balance sheet shows total assets of US Dollar 935.27 million and total liabilities of US Dollar 226.63 million. Debt to assets is 5.06%.

• Due to Resolute Mining Limited’s continued good performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns in 2019 and further.

Buy RESOLUTE MINING stocks / shares – A Step by Step Guide how to Buy / Purchase RESOLUTE MINING Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy RESOLUTE MINING Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN RESOLUTE MINING STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE RESOLUTE MINING STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of RESOLUTE MINING stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy RESOLUTE MINING stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?