Short Interest in Regis Resources Limited (OTCMKTS:RGRNF) Expands By 246.4%

Regis Resources Limited (OTCMKTS:RGRNF) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 690,329 shares, an increase of 246.4% from the January 29th total of 199,276 shares. Based on an average trading volume of 1,991 shares, the days-to-cover ratio is currently 346.7 days. Based on an average trading volume of 1,991 shares, the days-to-cover ratio is currently 346.7 days.

Regis Resources Trading Down 0.3%

RGRNF stock opened at $6.56 on Friday. Regis Resources has a 1 year low of $1.74 and a 1 year high of $6.70. The company has a 50 day simple moving average of $5.40 and a 200 day simple moving average of $4.40.

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.