Regulus Resources (CVE:REG) Shares Up 3.9% – Still a Buy?

Shares of Regulus Resources Inc. (CVE:REGGet Free Report) shot up 3.9% during mid-day trading on Wednesday . The company traded as high as C$4.40 and last traded at C$4.31. Approximately 36,386 shares were traded during mid-day trading, a decline of 25% from the average session volume of 48,594 shares. The stock had previously closed at C$4.15.

Regulus Resources Trading Up 3.9%

The stock has a 50-day simple moving average of C$4.05 and a 200 day simple moving average of C$4.22. The company has a market cap of C$541.10 million, a price-to-earnings ratio of -107.75 and a beta of 0.87.

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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