Resolute Mining stock sits 39.36 percent below Berenberg's GBp 94.00 target

Published on 10/15/2026 at 22:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Output guidance spans 205,000 to 225,000 ounces in 2026. Resolute Mining stock costs EUR 0.67 on October 15, 2026, down 0.52 percent versus LSE close.

Analyst target and earnings

Berenberg cut its Resolute Mining target to GBp 94.00 on September 30, 2026.
First-half 2026 revenue reached USD 584.70 million after rising 31.00 percent.
Resolute Mining stock traded at EUR 0.67 at Lang & Schwarz on October 15, 2026 at 10:40 p.m. CEST, while the LSE listing was down 0.52 percent versus its prior close.
Resolute Mining had a GBP 1.2 billion market capitalization and a P/E ratio of 8.95 on October 15, 2026.

Resolute Mining, AU000000RSG6, Illustration mit AI erstellt.

Resolute Mining stock sits 39.36 percent below Berenberg's GBp 94.00 target after the broker cut its target from GBp 100.00 on September 30, 2026, according to Morningstar. At Lang & Schwarz, the stock was EUR 0.67 on October 15, 2026 at 10:40 p.m. CEST; the LSE listing was down 0.52 percent versus its prior close.

Production guidance stays central

Resolute's 2026 group production guidance stands at 205,000 to 225,000 ounces. The company also expects Syama in Mali to produce 150,000 to 160,000 ounces, while all-in sustaining costs are forecast at USD 2,250 to USD 2,350 per ounce. Kapitales Research reported on September 21, 2026 that the revised outlook followed disruptions at Syama.

Revenue rose in the first half

The half-year results released on August 20, 2026 showed revenue of USD 584.70 million, up 31.00 percent from the prior-year period. Adjusted EBITDA rose 42.00 percent to USD 323.90 million, while net profit after tax increased to USD 162.60 million from USD 71.00 million. The figures put the analyst target in a mixed operating context: growth was strong, but the production outlook was reduced.

Valuation and trading position

Resolute Mining's market capitalization was GBP 1.2 billion on October 15, 2026, with a P/E ratio of 8.95. The LSE quote stood at GBp 57.00, compared with a 52-week low of GBp 39.40 and high of GBp 86.00. The stock was 33.72 percent below its 52-week high and 44.67 percent above its 52-week low.

Comparison with peers

Resolute Mining (LSE, GBp): minus 0.52 percent, P/E 8.95, market capitalization GBP 1.2 billion
Endeavour Mining (LSE, GBp): plus 3.23 percent, P/E 15.99, market capitalization GBP 10.0 billion
Pan African Resources (LSE, GBp): plus 4.06 percent, P/E 6.00, market capitalization GBP 2.5 billion

Trading closes with a narrow decline

The LSE quote was last at GBp 57.00 on October 15, 2026 at 4:35 p.m. BST, while the euro indication remained EUR 0.67 at Lang & Schwarz later that evening. The distance to the Berenberg target and the revised production guidance remain the clearest numerical markers for the stock.