Regis Resources Limited (OTCMKTS:RGRNF) Short Interest Up 780.7% in September
Regis Resources Limited (OTCMKTS:RGRNF) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 141,800 shares, an increase of 780.7% from the August 31st total of 16,100 shares. Based on an average daily trading volume, of 2,000 shares, the short-interest ratio is currently 70.9 days.
Shares of OTCMKTS:RGRNF opened at $3.61 on Monday. Regis Resources has a 12-month low of $1.80 and a 12-month high of $4.38. The business has a 50 day moving average of $3.96 and a two-hundred day moving average of $3.40.
A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. upgraded Regis Resources from an “underweight” rating to a “neutral” rating in a research report on Tuesday, September 8th. Goldman Sachs Group lowered Regis Resources from a “neutral” rating to a “sell” rating in a research report on Thursday, July 9th.
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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