The stock of Regulus Resources Inc (CVE:REG) is a huge mover today! About 71,211 shares traded hands or 70.05% up from the average. Regulus Resources Inc (CVE:REG) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.
The move comes after 8 months positive chart setup for the $72.28M company. It was reported on Dec, 1 by Barchart.com. We have $1.34 PT which if reached, will make CVE:REG worth $5.78 million more.
More recent Regulus Resources Inc (CVE:REG) news were published by: Reuters.com which released: “BRIEF-Regulus Resources says to increase amount of offering from 8.4 mln u…” on July 06, 2016. Also Marketwired.com published the news titled: “Regulus Resources Announces Agreements for Collaborative Exploration at …” on May 18, 2016. Marketwired.com‘s news article titled: “Regulus Announces Cdn$10 Million Private Placement” with publication date: July 05, 2016 was also an interesting one.
Regulus Resources Inc. is a mineral exploration company. The company has a market cap of $72.28 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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