Regis Resources traded at 7.35 this Friday August 14th, decreasing 0.13 or 1.74 percent since the previous trading session. Looking back, over the last four weeks, Regis Resources lost 17.60 percent. Over the last 12 months, its price rose by 62.97 percent. Looking ahead, we forecast Regis Resources to be priced at 7.20 by the end of this quarter and at 6.77 in one year, according to Trading Economics global macro models projections and analysts expectations.
Regis Resources Limited is an Australia-based company, which is engaged in the production of gold, and exploration, evaluation, and development of gold projects in Western Australia and New South Wales. The Company operates through three segments Duketon North Operations, Duketon South Operations, and Tropicana. The Duketon North Operations segment comprises of Moolart Well, Gloster, Anchor, Dogbolter-Coopers and Petra open-pits. The Duketon South Operations segment incorporates Garden Well (open-pit and underground), Rosemont (open-pit and underground), Erlistoun, Tooheys Well and Baneygo open-pits. The Tropicana segment is operated by joint venture partner AngloGold Ashanti Australia Limited and comprises the Tropicana, Havana and Boston Shaker open-pits and the Boston Shaker underground. The Company is also progressing the McPhillamys Gold Project in the Central Western region of New South Wales, a large-scale open pit gold mine within a prospective land package.