Regulus Resources (CVE:REG) Stock Price Down 0.9% - Should You Sell?

Key Points

• The stock price of Regulus Resources (CVE:REG) dropped by 0.9% to C$2.30, with total shares traded at 20,788, which is a decline from the average volume.
• Regulus Resources has a market capitalization of C$288.59 million and operates in the mineral exploration sector, primarily focused on its flagship AntaKori copper-gold-silver project in Northern Peru.
• The company's current P/E ratio is -76.67, indicating negative earnings, and its 50-day moving average stands at C$2.40.

Regulus Resources Inc. (CVE:REG - )'s share price traded down 0.9% on Monday . The company traded as low as C$2.28 and last traded at C$2.30. 20,788 shares traded hands during trading, a decline of 31% from the average session volume of 30,231 shares. The stock had previously closed at C$2.32.

Regulus Resources Price Performance

The company has a market capitalization of C$288.59 million, a P/E ratio of -76.67 and a beta of -0.64. The company has a 50 day moving average of C$2.40 and a 200-day moving average of C$2.25.

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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