15/06/2022 09:32

Regis Resources (RRL) $1.77

With inflation-led volatility taking hold of markets, gold needs to be considered in portfolios as a hedge.  Gold equities are trading at deeply discounted values and the gold-oil ratio is trading at extreme levels at ~15x, an elastic band that will snap back at some point. Regis Resources (RRL) is our pick of the mid-cap gold stocks. They recently upgraded their resource and will likely continue to do so with ongoing drilling...

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24/01/2022 17:00

Regis Resources (RRL) $1.80

RRL -14.29%: came out of a trading halt today following a geotechnical incident at their Rosemont pit. The pit wall fell following heavy rain last week which has caused a significant downgrade to production guidance. While no workers were injured, Regis lowered guidance for the full year by 40koz to 420-475koz for the group. Costs will also rise by around...

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22/11/2021 17:01

Regis Resources (RRL) $2.06

RRL -3.29%: Hosted its first exploration update today and they’ve committed to doing these twice a year to improve communication with the market, the crux of it being they don’t think investors fully understand what they are sitting on. In any case, these updates will provide good insight into RRL’s exploration progress which is important. Exploration increases reserves, more reserves = more cash flow and importantly, longevity in cash flow which over time will increase the net present value (NPV) of their asset base – all of this should be reflected in an increasing share price all things being equal. The key takeaway for us from todays update is that RRL’s WA operations are likely to have much longer mine lives than currently suggested by reserves and that will be a positive for share price over time.

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29/07/2021 16:52

Regis Resources (RRL) $2.62

RRL +5.65%: a strong finish to the year for Regis, along with better than expected guidance helped the stock higher today. Full year production came in at 372koz, near the top end of guidance. They completed the acquisition of Independence Group’s (IGO) stake in Tropicana in the quarter which has significantly improved the growth profile of Regis from here.

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02/07/2021 09:31

Regis Resources (RRL) $2.55

RRL popped over +8% yesterday but after tumbling -60% from its 2020 high its not huge solace for shareholders.

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13/04/2021 17:35

Regis Resources (RRL)$3.17

RRL 0%: the gold miner spent the session in a trading halt today as they look to sure to raise money for the purchase of Independence Group’s (IGO) stake in Tropicana Gold. The 30% stake has been valued at $903m with Regis launching a $650m capital raise coupled with $300m in debt to fund the deal – new shares will be issued at $2.70, a 14% discount to last with $200m earmarked for an institutional placement and $450m raised through a non-renounceable entitlement offer.

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