Regis Resources Limited Stock Rating Reaffirmed by Morningstar (RRL)
Regis Resources Limited (ASX:RRL)‘s stock had its “hold” rating reiterated by Morningstar in a research note issued on Sunday, Stock Ratings News reports.
Shares of Regis Resources Limited (ASX:RRL) traded up 1.65% on Friday, hitting A$2.470. The stock had a trading volume of 1,374,853 shares. Regis Resources Limited has a one year low of A$2.110 and a one year high of A$4.370. The stock’s 50-day moving average is A$2.39 and its 200-day moving average is A$2.88. The company has a market cap of A$1.230 billion and a price-to-earnings ratio of 9.76.
Regis Resources Limited is principally engaged in production of gold from the Moolart Well and Garden Well gold mines; construction of the Rosemont gold project, and exploration, evaluation and development of gold projects in the Eastern Goldfields of Western Australia.
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