Regis Resources (ASX:RRL) Insider Jim Beyer Sells 507,880 Shares

Regis Resources Limited (ASX:RRL) insider Jim Beyer sold 507,880 shares of Regis Resources stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of A$6.77, for a total value of A$3,437,839.72.

Jim Beyer also recently made the following trade(s):

• On Wednesday, August 27th, Jim Beyer bought 590,974 shares of Regis Resources stock. The shares were bought at an average price of A$4.34 per share, with a total value of A$2,564,827.16.

Regis Resources Price Performance

The company has a debt-to-equity ratio of 27.02, a quick ratio of 1.22 and a current ratio of 1.07. The firm has a market capitalization of $2.43 billion, a PE ratio of -13.08, a price-to-earnings-growth ratio of -2.58 and a beta of 0.98.

Regis Resources Increases Dividend

The business also recently disclosed a Final dividend, which was paid on Sunday, October 5th. Investors of record on Sunday, October 5th were given a $0.05 dividend. This represents a dividend yield of 112.0%. The ex-dividend date of this dividend was Tuesday, September 9th. This is an increase from Regis Resources’s previous Final dividend of $0.02. Regis Resources’s payout ratio is -8.00%.

Regis Resources Company Profile

Regis Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in Australia. It owns 100% interests in the Duketon gold project located in the North Eastern Goldfields of Western Australia; and the McPhillamys gold project situated in the Central Western region of New South Wales, as well as holds 30% interest in Tropicana Gold Project.