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Zak Mir tips Highland Gold to break through the £2 mark

Technical analyst tells the Proactive Investor Bulletin Board that the Highland Gold Mining Ltd (LON:HGM) share price could surpass the £2 barrier in the coming weeks.

“The shares have basically tracked the turnaround that we’ve seen in the mining sector. [They’ve] effectively tripled since the beginning of last year.”

“My technical view is that while we’re above the 10-day average at £1.64, we can head up to the top of that rising trend channel at £2 plus over the next couple of months.”

Quick facts: Highland Gold Mining Ltd

Price: 194 GBX

AIM:HGM
Market: AIM
Market Cap: £705.86 m
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