Regis Resources (OTCMKTS:RGRNF) Shares Up 1.9% – Time to Buy?

Regis Resources Limited (OTCMKTS:RGRNF – Get Free Report)’s share price shot up 1.9% on Wednesday. The stock traded as high as $4.82 and last traded at $4.82. Approximately 2,874 shares changed hands during mid-day trading, an increase of 10% from the average daily volume of 2,623 shares. The stock had previously closed at $4.7310.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group set a $7.10 price target on shares of Regis Resources in a report on Monday, July 20th.

Check Out Our Latest Stock Analysis on RGRNF

Regis Resources Trading Up 1.9%

The business has a fifty day moving average price of $5.13 and a two-hundred day moving average price of $5.10.

Regis Resources Company Profile

(Get Free Report)

Regis Resources Limited is an Australian gold mining and exploration company listed on the Australian Securities Exchange under the symbol RRL and traded over the counter in the United States under the symbol RGRNF. The company explores for, develops and produces gold, with its activities focused primarily on Western Australia and New South Wales. Regis’ principal operating assets are located in the Duketon Gold Project in Western Australia, which includes the Garden Well and Rosemont mining operations and associated processing infrastructure.

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