Regulus Resources (CVE:REG) Stock Price Up 3.6% – Still a Buy?

Regulus Resources Inc. (CVE:REGGet Free Report)’s stock price shot up 3.6% during trading on Thursday . The stock traded as high as C$2.00 and last traded at C$2.00. 34,473 shares were traded during trading, a decline of 1% from the average session volume of 34,672 shares. The stock had previously closed at C$1.93.

Regulus Resources Stock Up 1.0 %

The firm has a market cap of C$251.81 million, a price-to-earnings ratio of -67.33 and a beta of 1.04. The business has a fifty day simple moving average of C$2.03 and a 200 day simple moving average of C$1.96. The company has a debt-to-equity ratio of 0.01, a current ratio of 22.27 and a quick ratio of 0.67.

Regulus Resources Company Profile

(Get Free Report)

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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