Regulus Resources (CVE:REG) Shares Down 4.4% - Here's Why

Key Points

• Shares fell 4.4% on Wednesday to C$4.08 (intraday low C$3.99) on volume of 27,147 shares, roughly 51% below the average session volume.
• Technical/valuation snapshot: 50‑day MA C$4.68 vs 200‑day MA C$3.57, market cap C$512.22 million, P/E is negative (‑136) and beta is 0.67.
• Company focus: Regulus is a mineral exploration firm developing the AntaKori copper‑gold‑silver project in Northern Peru, consisting of 20 concessions covering 438 hectares.

Shares of Regulus Resources Inc. (CVE:REG - ) traded down 4.4% during trading on Wednesday . The stock traded as low as C$3.99 and last traded at C$4.08. 27,147 shares were traded during mid-day trading, a decline of 51% from the average session volume of 55,596 shares. The stock had previously closed at C$4.27.

Regulus Resources Trading Down 4.4%

The stock's 50-day moving average price is C$4.68 and its two-hundred day moving average price is C$3.57. The stock has a market capitalization of C$512.22 million, a P/E ratio of -136.00 and a beta of 0.67.

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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