Regulus Resources (CVE:REG) Shares Up 2.8% – Should You Buy?

Regulus Resources Inc. (CVE:REG) traded up 2.8% during trading on Tuesday . The stock traded as high as C$4.70 and last traded at C$4.70. 57,055 shares were traded during mid-day trading, a decline of 8% from the average session volume of 62,310 shares. The stock had previously closed at C$4.57.

Regulus Resources Price Performance

The stock has a market capitalization of C$590.06 million, a price-to-earnings ratio of -156.67 and a beta of 1.42. The stock’s 50 day simple moving average is C$4.37 and its 200-day simple moving average is C$3.32.

Regulus Resources Company Profile

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.