Regulus Resources (CVE:REG) Stock Price Down 5.3% - Here's Why

Key Points

• Regulus Resources Inc. saw a stock price decline of 5.3%, trading down to C$2.52 after previously closing at C$2.66.
• The company experienced an increase in trading volume, with 49,828 shares changing hands, marking a 60% rise from its average session volume.
• Regulus's market cap is approximately C$316.19 million, with a PE ratio of -84.00 indicating significant losses relative to earnings.

Regulus Resources Inc. (CVE:REG - ) traded down 5.3% on Tuesday . The stock traded as low as C$2.47 and last traded at C$2.52. 49,828 shares changed hands during trading, an increase of 60% from the average session volume of 31,064 shares. The stock had previously closed at C$2.66.

Regulus Resources Trading Down 5.3%

The company has a fifty day simple moving average of C$2.46 and a two-hundred day simple moving average of C$2.30. The company has a market cap of C$316.19 million, a PE ratio of -84.00 and a beta of -0.46.

Regulus Resources Company Profile

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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