Regis Resources Limited (OTCMKTS:RGRNF) Short Interest Up 27.7% in March

Regis Resources Limited (OTCMKTS:RGRNF) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 1,027,038 shares, a growth of 27.7% from the March 15th total of 804,382 shares. Based on an average daily trading volume, of 6,135 shares, the days-to-cover ratio is currently 167.4 days.

Regis Resources Stock Up 6.0%

RGRNF opened at $5.45 on Thursday. The stock’s 50 day moving average price is $5.42 and its two-hundred day moving average price is $4.86. Regis Resources has a 12-month low of $2.34 and a 12-month high of $7.20.

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.