Regis Resources Limited (OTCMKTS:RGRNF – Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $5.13 and traded as high as $6.1388. Regis Resources shares last traded at $6.1388, with a volume of 175 shares trading hands.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group set a $7.10 price target on shares of Regis Resources in a research note on Monday, July 20th.
Check Out Our Latest Stock Analysis on RGRNF
Regis Resources Stock Performance
About Regis Resources
Regis Resources Limited (OTCMKTS:RGRNF) is an Australian-based gold producer focused on the exploration, development and mining of gold deposits. The company’s principal asset is the Duketon Gold Project, located in the Leonora region of Western Australia, where it operates a number of open-pit and underground gold mines. Regis generates revenue through the production and sale of gold doré bars to regional and global refineries.
The Duketon Gold Project comprises several mining operations, including Garden Well, Rosemont and Moolart Well, all supported by an on-site processing plant and associated infrastructure.
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