Could Regulus Resources Inc Gain Strenght? The Stock Reaches 52-Week Low


The stock of Regulus Resources Inc (CVE:REG) is a huge mover today! The stock decreased 3.92% or $0.06 on September 13, hitting $1.47. About 29,814 shares traded hands. Regulus Resources Inc (CVE:REG) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 8 months negative chart setup for the $91.93 million company. It was reported on Sep, 13 by We have $1.28 PT which if reached, will make CVE:REG worth $11.95M less.

Regulus Resources Inc. is a mineral exploration company. The company has a market cap of $91.93 million. The Company’s projects include Golden Brew, Rio Grande, El Camino, La Frontera, Aguas Calientes, Catua and Fireweed. It currently has negative earnings. It has around 50% interest in the Rio Grande copper gold porphyry project , held through its wholly-owned subsidiary Mineras Antares Argentina S.A.

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