Regis Resources (OTCMKTS:RGRNF) Stock Price Breaks Below 50-Day Moving Average – Time to Sell?

Regis Resources Limited (OTCMKTS:RGRNF – Get Free Report) crossed below its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $5.48 and traded as low as $5.2250. Regis Resources shares last traded at $5.2250, with a volume of 1,117 shares traded.

Analyst Ratings Changes

Separately, The Goldman Sachs Group set a $7.10 price objective on shares of Regis Resources in a research report on Monday, July 20th.

View Our Latest Stock Report on Regis Resources

Regis Resources Trading Up 0.2%

The business’s fifty day simple moving average is $5.49 and its 200-day simple moving average is $4.97.

About Regis Resources

(Get Free Report)

Regis Resources Limited is an Australian gold mining and exploration company whose shares trade on the Australian Securities Exchange under the symbol RRL and on the OTC market under the symbol RGRNF. The company focuses on discovering, developing and operating gold assets in Australia.

Regis Resources’ principal operations are located in Western Australia’s Goldfields region, where it operates the Duketon Gold Project. The project includes the Garden Well and Rosemont mining operations, along with associated processing and infrastructure.

Further Reading

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