Regis Resources (OTCMKTS:RGRNF) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Regis Resources Limited (OTCMKTS:RGRNFGet Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.60 and traded as high as $4.65. Regis Resources shares last traded at $4.65, with a volume of 1,000 shares traded.

Regis Resources Stock Up 4.5%

The stock’s fifty day simple moving average is $4.60 and its 200 day simple moving average is $5.07.

Regis Resources Company Profile

(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 dorĂ© 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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