Regulus Resources (CVE:REG) Reaches New 52-Week High – Should You Buy?

Regulus Resources Inc. (CVE:REGGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$3.61 and last traded at C$3.50, with a volume of 58210 shares trading hands. The stock had previously closed at C$3.25.

Regulus Resources Stock Performance

The stock’s 50-day moving average price is C$2.61 and its 200-day moving average price is C$2.40. The company has a market capitalization of C$444.17 million, a price-to-earnings ratio of -118.00 and a beta of -0.46.

Regulus Resources Company Profile

(Get Free Report)

Regulus Resources Inc operates as a mineral exploration company. Its flagship project is the AntaKori copper-gold-silver project comprises 20 mineral concessions that cover an area of 438 hectares located in the Yanacocha-Hualgayoc mining district in the Department of Cajamarca, Northern Peru. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.

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