Regulus Resources (CVE:REG) Trading Down 1.5% – What’s Next?

Regulus Resources Inc. (CVE:REG) dropped 1.5% during trading on Friday . The stock traded as low as C$1.92 and last traded at C$1.96. Approximately 12,566 shares traded hands during trading, a decline of 62% from the average daily volume of 33,260 shares. The stock had previously closed at C$1.99.

Regulus Resources Price Performance

The stock has a 50-day moving average of C$2.03 and a two-hundred day moving average of C$1.99. The firm has a market cap of C$244.33 million, a price-to-earnings ratio of -65.33 and a beta of 1.04. The company has a current ratio of 22.27, a quick ratio of 0.67 and a debt-to-equity ratio of 0.01.

Regulus Resources Company Profile

Regulus Resources Inc operates as a mineral exploration company. Its flagship project is the AntaKori copper-gold-silver project comprises 20 mineral concessions that cover an area of 438 hectares located in the Yanacocha-Hualgayoc mining district in the Department of Cajamarca, Northern Peru. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.