Resolute Mining Limited
Resolute Mining Limited (LSE: RSG) is trading at £0.65, about ₹83 at today's GBP/INR rate, as of 25 Sep 2026, 11:35 AM ET, up 3.17% today. Indian residents can buy Resolute Mining from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£0.64
Today's high
£0.66
52 week low
£0.39
52 week high
£0.86
RSG opened at £0.66, closed previously at £0.63, and has traded between £0.39 and £0.86 over the past 52 weeks.
About
Resolute Mining Limited operates as a company primarily dedicated to the gold industry, overseeing every stage from initial exploration and development to the full-scale operation and output of gold properties. Its activities span across Africa, the United Kingdom, and Australia. A key asset in its portfolio is the Syama Gold Mine, strategically situated in Mali, West Africa. The company further strengthens its African presence with ownership of the Mako Gold Mine in Senegal, also located in West Africa. Beyond its current mining operations, Resolute Mining is actively involved in identifying and assessing new mineral prospects. The firm was established in 2001 and maintains its corporate headquarters in Perth, Australia.
Key statistics
Avg. volume
126.82K
Market cap
£1.39B
P/E Ratio
10.22
Price-to-sales ratio
1.83
Enterprise value
$1.82B
Free cash flow yield
14.29%
Debt-to-equity ratio
0.20
Return on equity
23.30%
ROIC
21.82%
Beta
1.32
Dividend yield
0.00%
Last dividend
£0.00
Financial overview
Revenue
$894.59M
Earnings per share
$0.05
Free cash flow
$142.62M
Net profit margin
17.86%
Gross margin
42.22%
EBITDA
$355.73M
Revenue growth
11.69%
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This is not an investment recommendation
How to buy Resolute Mining from India
Indian residents can buy Resolute Mining shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to GBP.
Search for Resolute Mining and place an order
Find Resolute Mining by name or by its ticker, RSG, and choose an order type. Resolute Mining trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Resolute Mining position in GBP and INR. Resolute Mining pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Resolute Mining from India
Trading and taxes when buying Resolute Mining from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneResolute Mining does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- Transaction tax
- The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Resolute Mining stock?
Yes. Resolute Mining (RSG) has been listed on the London Stock Exchange since 2019, in the Gold industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to GBP. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Resolute Mining share cost in rupees?
One Resolute Mining share is £0.65 — about ₹83 at a GBP/INR rate of 127.01 on 24 Sep 2026. Both the Resolute Mining price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Resolute Mining from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Resolute Mining shares taxed in India?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the GBP/INR rate on the purchase and the sale date, so the rupee move counts alongside the Resolute Mining price. Paasa issues a capital-gains statement for your return.
Does Resolute Mining pay a dividend?
No. Resolute Mining does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Resolute Mining from India?
The London Stock Exchange trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
Is Resolute Mining a United Kingdom company, and does that change how it is taxed?
Resolute Mining trades on the London Stock Exchange in GBP, but the company is domiciled in Australia. Resolute Mining trades as an ordinary share listed directly in the UK, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Are there transaction taxes when buying Resolute Mining?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it. This is charged by the market, not by Paasa.
Do I have to declare Resolute Mining shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Resolute Mining holding, its cost and its closing value.
How do I sell Resolute Mining and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in GBP in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.