Short Interest in Regis Resources Limited (OTCMKTS:RGRNF) Expands By 23.2%

Regis Resources Limited (OTCMKTS:RGRNF) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 804,382 shares, a growth of 23.2% from the February 26th total of 653,135 shares. Based on an average trading volume of 3,510 shares, the days-to-cover ratio is currently 229.2 days.

Regis Resources Stock Performance

Shares of OTCMKTS:RGRNF opened at $4.30 on Monday. Regis Resources has a 1 year low of $2.04 and a 1 year high of $7.20. The business has a fifty day moving average price of $5.52 and a two-hundred day moving average price of $4.76.

Regis Resources Company Profile

Regis Resources Limited (OTCMKTS:RGRNF) is an Australian-based gold producer focused on the exploration, development and mining of gold deposits. The company’s principal asset is the Duketon Gold Project, located in the Leonora region of Western Australia, where it operates a number of open-pit and underground gold mines. Regis generates revenue through the production and sale of gold doré bars to regional and global refineries.

The Duketon Gold Project comprises several mining operations, including Garden Well, Rosemont and Moolart Well, all supported by an on-site processing plant and associated infrastructure.