Regis Resources (OTCMKTS:RGRNF) Share Price Crosses Above 50 Day Moving Average – What’s Next?

by · The Cerbat Gem

Regis Resources Limited (OTCMKTS:RGRNF – Get Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $5.26 and traded as high as $5.5150. Regis Resources shares last traded at $5.5150, with a volume of 210 shares traded.

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.

View Our Latest Stock Analysis on Regis Resources

Regis Resources Trading Up 0.1%

The business’s fifty day simple moving average is $5.28 and its 200 day simple moving average is $5.03.

About Regis Resources

(Get Free Report)

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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