Regis Resources Limited (OTCMKTS:RGRNF) Sees Large Decrease in Short Interest

Regis Resources Limited (OTCMKTS:RGRNF) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 611,600 shares, a drop of 19.0% from the August 15th total of 755,000 shares. Based on an average trading volume of 10,000 shares, the short-interest ratio is presently 61.2 days.

Regis Resources Stock Performance

RGRNF opened at $1.20 on Monday. The business has a fifty day moving average of $1.18 and a 200 day moving average of $1.26. Regis Resources has a 52-week low of $0.93 and a 52-week high of $1.61.

Regis Resources Company Profile

Regis Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in Australia. It owns 100% interests in the Duketon gold project located in the North Eastern Goldfields of Western Australia; and the McPhillamys gold project situated in the Central Western region of New South Wales, as well as holds 30% interest in Tropicana Gold Project.