Regency Mines Plc (RGM.L) (LON:RGM) Share Price Passes Above 50-Day Moving Average of $0.90

Regency Mines Plc (RGM.L) (LON:RGMGet Rating) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 0.90 ($0.01) and traded as high as GBX 0.94 ($0.01). Regency Mines Plc (RGM.L) shares last traded at GBX 0.90 ($0.01), with a volume of 4,251,621 shares trading hands.

The firm has a market capitalization of £1.71 million and a P/E ratio of -0.10. The firm’s 50-day moving average is GBX 0.90 and its 200 day moving average is GBX 0.90. The company has a debt-to-equity ratio of 25.75, a quick ratio of 0.77 and a current ratio of 0.77.

About Regency Mines Plc (RGM.L) (LON:RGM)

Regency Mines Plc engages in the exploration and development of mineral properties, and oil and gas exploration. The company holds interests 20% in the Rosa metallurgical coal mine in Blount County, Alabama; 50% interests in the license EL1390 consisting of nickel-cobalt covering an area of 256 square kilometers near Kokoda in Papua New Guinea; and 100% interests in the license area 2014/01 comprising niobium and tantalum covering an area of 555 square kilometers in Narsarsuaq in Southern Greenland.

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