Short Interest in Regis Resources Limited (OTCMKTS:RGRNF) Expands By 23.2%

Regis Resources Limited (OTCMKTS:RGRNF) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 804,382 shares, a growth of 23.2% from the February 26th total of 653,135 shares. Based on an average trading volume of 3,510 shares, the days-to-cover ratio is currently 229.2 days.

Regis Resources Price Performance

OTCMKTS RGRNF opened at $4.70 on Wednesday. The company’s fifty day simple moving average is $5.50 and its 200-day simple moving average is $4.77. Regis Resources has a 52 week low of $2.04 and a 52 week high of $7.20.

About Regis Resources

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.