Regulus Resources (CVE:REG) Stock Price Down 0.5% – Time to Sell?

Shares of Regulus Resources Inc. (CVE:REG) dropped 0.5% during trading on Monday . The stock traded as low as C$2.01 and last traded at C$2.02. Approximately 23,310 shares traded hands during mid-day trading, an increase of 8% from the average daily volume of 21,484 shares. The stock had previously closed at C$2.03.

Regulus Resources Price Performance

The stock has a market cap of C$251.81 million, a price-to-earnings ratio of -67.33 and a beta of 1.04. The company has a debt-to-equity ratio of 0.01, a current ratio of 22.27 and a quick ratio of 0.67. The stock’s 50 day simple moving average is C$1.99 and its two-hundred day simple moving average is C$2.00.

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.