Regis Resources (ASX:RRL) Shares Cross Below Fifty Day Moving Average of $4.74

Regis Resources Limited (ASX:RRL)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $4.74 and traded as low as $4.66. Regis Resources shares last traded at $4.70, with a volume of 3,913,952 shares traded.

The company has a market capitalization of $2.36 billion and a price-to-earnings ratio of 14.45. The business has a 50-day moving average price of A$4.72 and a 200-day moving average price of A$4.99. The company has a quick ratio of 2.32, a current ratio of 3.03 and a debt-to-equity ratio of 0.30.

About Regis Resources (ASX:RRL)

Regis Resources Limited, together with its subsidiaries, explores for, evaluates, and develops gold projects in Australia. The company primarily owns 100% interests in the Duketon project located in the Eastern Goldfields of Western Australia; and the McPhillamys project situated to the west of Sydney in Central West New South Wales.

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