Regis Resources (OTCMKTS:RGRNF – Get Free Report) is projected to release its results before the market opens on Thursday, August 20th. Analysts expect the company to announce earnings of $0.3659 per share and revenue of $872.3820 million for the quarter.
Regis Resources Stock Down 4.7%
Regis Resources stock opened at $5.35 on Wednesday. Regis Resources has a 52 week low of $2.45 and a 52 week high of $7.20. The business’s 50-day moving average price is $4.60 and its 200 day moving average price is $4.99.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group set a $7.10 price target on Regis Resources in a report on Monday, July 20th.
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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