Regulus Resources (CVE:REG) Reaches New 1-Year High - Still a Buy?

Key Points

• Regulus Resources Inc. has reached a new 52-week high share price, trading as high as C$2.60 on Wednesday, with a final price of C$2.58.
• The company has a market cap of C$329.99 million, a price-to-earnings ratio of -87.67, and operates primarily in the mineral exploration sector, focusing on the AntaKori copper-gold-silver project in Peru.
• The stock experienced a gain of 4.4%, indicating positive investor sentiment despite its negative earnings ratio.

Regulus Resources Inc. (CVE:REG - )'s share price hit a new 52-week high on Wednesday . The company traded as high as C$2.60 and last traded at C$2.58, with a volume of 24202 shares changing hands. The stock had previously closed at C$2.52.

Regulus Resources Stock Up 4.4%

The firm has a market cap of C$329.99 million, a price-to-earnings ratio of -87.67 and a beta of -0.46. The business's fifty day moving average is C$2.40 and its two-hundred day moving average is C$2.27.

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.

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