Regulus Resources (CVE:REG) Trading Up 3.3% – Still a Buy?

Regulus Resources Inc. (CVE:REGGet Free Report) shares were up 3.3% during mid-day trading on Wednesday . The company traded as high as C$4.10 and last traded at C$4.07. Approximately 27,487 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 61,082 shares. The stock had previously closed at C$3.94.

Regulus Resources Stock Down 1.2%

The stock has a fifty day moving average of C$4.22 and a 200-day moving average of C$3.89. The stock has a market capitalization of C$508.46 million, a price-to-earnings ratio of -135.00 and a beta of 1.05.

About Regulus Resources

(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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