Skip to Content
scroll

Regis Resources (RRL) $2.62

RRL

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. FY22 is expected to be a better year with guidance suggesting total production up 30% with costs to fall 3-5%. A good result and one of few gold names with growth upside from here.

chart
image description
Regis Resources (RRL)
image description

Relevant suggested news and content from the site

image description
Market Moves
image description
Performance update for March, stocks that drove returns & our current positioning
image description
Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
image description
Major Movers Today
image description
Market Matters Research Lead Shawn Hickman with David Koch
image description
Wednesday 24th April – DOW +263pts, SPI +27pts
image description
Silver Lake Resources (SLR)
image description
Tuesday 23rd April – ASX200 +26pts, Northern Star (NST), Chrysos (C79), Brambles (BXB)
image description
ASX200 Index
image description
Tuesday 23rd April – DOW up +253pts, SPI up +19pts
Members only

UNLOCK MARKET MATTERS NOW

Take a free trial.

No payment details required.

Already a member? Click here to login
Back to top