In a report released on January 11, Tim McCormack from Canaccord Genuity maintained a Buy rating on Regis Resources Limited (RGRNF – Research Report), with a price target of A$2.55. The company’s shares closed last Thursday at $1.46.
According to TipRanks, McCormack is a 4-star analyst with an average return of 7.1% and a 51.14% success rate. McCormack covers the Basic Materials sector, focusing on stocks such as Westgold Resources, Northern Star Resources Ltd, and Calidus Resources Ltd..
Regis Resources Limited has an analyst consensus of Moderate Buy, with a price target consensus of $1.38.
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RGRNF market cap is currently $1.1B and has a P/E ratio of -68.37.
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Regis Resources Limited (RGRNF) Company Description:
Regis Resources Ltd. is a mineral exploration and production company, engages in the exploration, evaluation, and development of gold projects. It operates its business through Duketon North Operations and Duketon South Operations segments. The Duketon North Operations segment focuses in the Duketon Gold project . The Duketon South Operations segment comprises Garden Well, Rosemont, Erlistoun, and Tooheys Well. The company was founded on May 2, 1986 and is headquartered in Subiaco, Australia.
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