Regulus Resources (CVE:REG) Stock Falls 3% – Should You Sell?

Regulus Resources Inc. (CVE:REG – Get Free Report) shares dropped 3% during trading on Wednesday. The stock traded as low as C$4.91 and last traded at C$4.92. 20,710 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 45,517 shares. The stock had previously closed at C$5.07.

Regulus Resources Stock Performance

The stock has a market cap of C$620.87 million, a price-to-earnings ratio of -247.00 and a beta of 0.79. The business’s 50 day moving average is C$4.81 and its 200-day moving average is C$4.30.

About Regulus Resources

(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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