Anyone have any views on whether this share is going anywhere??

Highland Gold Mining Ltd

FORECASTS 2011 2012
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Numis Securities Ltd
13-04-11 BUY 123.52 28.16 8.61 112.83 26.01 7.99

2011 2012
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)
Consensus 123.52 28.16 8.61 112.83 26.01 7.99
1 Month Change 0.00 0.00 0.00 0.00 0.00 0.00
3 Month Change 26.27 6.56 2.42 -14.33 -3.34 -0.67


GROWTH
2010 (A) 2011 (E) 2012 (E)
Norm. EPS 21.49% 90.95% -7.64%
DPS % % -7.14%

INVESTMENT RATIOS
2010 (A) 2011 (E) 2012 (E)

EBITDA 69.52m 132.01m 121.93m
EBIT 69.52m 121.74m 110.06m
Dividend Yield % 4.73% 4.39%
Dividend Cover x 3.27x 3.25x
PER 12.34x 6.46x 7.00x
PEG 0.57f 0.07f -0.92f
Net Asset Value PS 101.97p p p

From Investors Inteligence.....

UK Chart of the Day: 13 July 2011

Chart of the day: Gold flirts with new highs....
In times of severe market dislocations, people often turn to one asset they know well: Gold.

The recent sovereign debt crisis in Europe, for example, reversed the downtrend in gold. Prices rallied for six consecutive sessions, and edged above the $1,550 resistance (see right). New all-time highs are within striking distance once more.

Should one chase? On a short-term leverage basis, perhaps, as the day trend remains bullish. But on a longer-term perspective, we would prefer to wait for a consolidation to add, as equities may rebound. Meanwhile, the end of 3Q is noted to be a better time to buy gold. Thus we watch to add.

190sh and 200sh resistance levels do not concern me.
i am more interested to see that having closed at circa 189sh level today if it can maintain a weekly close above 185sh and hold on to it both this and next week.
fortunately my stops are much lower.
please all dyor and good luck.
regards
jkd

It's a good share but it's time to take profit at 188p.

180p now... still a sell to take profit.

Ridiculous to short this with the way gold is rising.....

rf
to sell to take profit is not the same as to sell to short.
regards
jkd

Yes, jkd....of course...it's just that hlyeo98 does a lot of shorting...(I'm going long on the stock)....

i'ld rather be in POG - or CEY as perhaps a comparable quality of stock to HGM

Yes, I agree that CEY is a better one, cynic.

not when your stuck in at 169p since Dec. lol

Worth a punt Long (SB) 178.9 Tgt 200.0 Stop 165.0. Trading statement 11/08, Interims 20/09.

I think that HGM will break into new highs......can't see them slipping back as long as gold holds up...CEY might just hover around that 140p for some time as elections are in 2 months....anyway....as they are very good gold producers....all worth being in at the moment....POG, perhaps has the most upside....(bet I get it wrong again)....

Poor production at Highland Gold


The Russian-focused miner said that it produced 184,102 ounces of gold at its three mines last year. That compared with already reduced guidance of 190,000 to 200,000 ounces issued in November.

"Though mined volumes improved substantially, the estimated grades fell short of target," the company said. "Going forward the focus will remain on open pit waste stripping to access reserve ore blocks with actions also taken to improve open pit mined grade reliability during 2012."

Highland is targeting increased production of 200,000 to 215,000 ounces in the current financial year.

The company operates the Mnogovershinnoye, Novoshirokinskoye and Belaya Gora mines in Eastern Russia and it has exploration targets in Russia and Kyrgyzstan.

Mr Abramovich's investment company, Millhouse Capital, owns 32.5pc of Highland's equity, with Barrick Gold, the world's largest gold miner, owning 20.3pc.

Top share for 2013

Looking good already

Moving on up luvly jubly

Nice update today. can't believe no one interested in this Gold miner?

HGM

Technically the chart is very bullish having
broken up positively from a Double Bottom
chart pattern.

Broker Views on HGM......

HIGHLAND GOLD MINING BROKER VIEWS

Date Broker Recommendation Price Old target price New target price Notes

03 Mar WH Ireland Securities Outperform 65.50 - 75.00 Initiates/Starts
29 Jan Westhouse Securities Buy 65.50 80.00 80.00 Retains

13 Jan Numis Buy 65.50 110.00 80.00 Reiterates