Regulus Resources (CVE:REG) Trading 2.2% Higher – Still a Buy?

Regulus Resources Inc. (CVE:REG) shares traded up 2.2% during mid-day trading on Wednesday . The stock traded as high as C$4.30 and last traded at C$4.19. 44,111 shares changed hands during trading, a decline of 29% from the average session volume of 62,258 shares. The stock had previously closed at C$4.10.

Regulus Resources Stock Performance

The company has a market capitalization of C$526.03 million, a PE ratio of -139.67 and a beta of 0.67. The stock has a fifty day moving average of C$4.49 and a 200 day moving average of C$3.70.

About Regulus Resources

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.