Regulus Resources (CVE:REG) Trading Down 3.3% – Should You Sell?

Regulus Resources Inc. (CVE:REGGet Free Report)’s share price traded down 3.3% during mid-day trading on Wednesday . The stock traded as low as C$2.07 and last traded at C$2.07. 7,600 shares were traded during mid-day trading, a decline of 74% from the average session volume of 29,472 shares. The stock had previously closed at C$2.14.

Regulus Resources Price Performance

The firm’s 50-day moving average price is C$2.10 and its 200-day moving average price is C$2.05. The company has a market cap of C$255.64 million, a price-to-earnings ratio of -60.70 and a beta of 1.04.

About Regulus Resources

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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.

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