Regis Resources (OTCMKTS:RGRNF) Stock Price Passes Above 50 Day Moving Average – Here’s Why

Regis Resources Limited (OTCMKTS:RGRNFGet Free Report)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.79 and traded as high as $4.00. Regis Resources shares last traded at $4.00, with a volume of 4,750 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group set a $6.50 target price on Regis Resources in a research report on Sunday, October 12th.

View Our Latest Report on Regis Resources

Regis Resources Trading Up 2.6%

The firm’s 50 day simple moving average is $3.79 and its 200-day simple moving average is $3.24.

About Regis Resources

(Get Free Report)

Regis Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in Australia. It owns interest in the Duketon gold project located in the North Eastern Goldfields of Western Australia; and the McPhillamys gold project situated in the Central Western region of New South Wales.

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