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A Holistic Look At Highland Gold Mining Limited (LON:HGM)

Simply Wall St

Highland Gold Mining Limited ( LON:HGM ) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of HGM, it is a dependable dividend-paying company that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, read the full report on Highland Gold Mining here .

Excellent balance sheet average dividend payer

HGM's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that HGM manages its cash and cost levels well, which is a key determinant of the company’s health. HGM appears to have made good use of debt, producing operating cash levels of 0.54x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.

AIM:HGM Historical Debt, April 16th 2019

HGM's high dividend payments make it one of the best dividend stocks on the market, and it has also been able to maintain it at a level in which net income is able to cover dividend payments.

AIM:HGM Historical Dividend Yield, April 16th 2019

Next Steps:

For Highland Gold Mining, there are three important factors you should look at:

  1. Future Outlook : What are well-informed industry analysts predicting for HGM’s future growth? Take a look at our free research report of analyst consensus for HGM’s outlook.
  2. Historical Performance : What has HGM's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of HGM? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.