Regulus Resources (CVE:REG) Stock Price Up 0.3% – Still a Buy?

Regulus Resources Inc. (CVE:REGGet Free Report)’s stock price shot up 0.3% during trading on Wednesday . The stock traded as high as C$3.85 and last traded at C$3.80. Approximately 62,442 shares were traded during mid-day trading, an increase of 16% from the average daily volume of 53,636 shares. The stock had previously closed at C$3.79.

Regulus Resources Trading Up 0.3%

The firm has a 50-day simple moving average of C$4.00 and a two-hundred day simple moving average of C$4.18. The company has a market capitalization of C$477.07 million, a price-to-earnings ratio of -95.00 and a beta of 0.87.

About Regulus Resources

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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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