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Regulus Resources (CVE:REG) Stock Price Up 0.5% - Time to Buy?

Regulus Resources logo with Basic Materials background

Regulus Resources Inc. (CVE:REG - Get Free Report) shot up 0.5% during trading on Wednesday . The stock traded as high as C$2.16 and last traded at C$2.16. 2,716 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 35,632 shares. The stock had previously closed at C$2.15.

Regulus Resources Price Performance

The company has a quick ratio of 0.67, a current ratio of 22.27 and a debt-to-equity ratio of 0.01. The company's fifty day moving average is C$2.04 and its 200 day moving average is C$1.91. The firm has a market cap of C$263.03 million, a price-to-earnings ratio of -72.00 and a beta of 1.04.

About Regulus Resources

(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.

Further Reading

Should you invest $1,000 in Regulus Resources right now?

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