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Regulus Resources (CVE:REG) Trading 0.5% Higher - Here's Why

Regulus Resources logo with Basic Materials background

Regulus Resources Inc. (CVE:REG - Get Free Report) shares shot up 0.5% on Friday . The stock traded as high as C$2.00 and last traded at C$2.00. 13,000 shares changed hands during trading, a decline of 60% from the average session volume of 32,417 shares. The stock had previously closed at C$1.99.

Regulus Resources Stock Performance

The business has a 50-day simple moving average of C$2.06 and a two-hundred day simple moving average of C$2.07. The company has a market capitalization of C$247.00 million, a price-to-earnings ratio of -58.65 and a beta of 1.04.

Regulus Resources Company Profile

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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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