Regis Resources Limited (OTCMKTS:RGRNF – Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-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 trading hands.
Regis Resources Stock Up 4.5%
The business’s 50 day moving average price is $4.60 and its 200 day moving average price is $5.07.
Regis Resources Company Profile
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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