In a report released today, Tim McCormack from Canaccord Genuity maintained a Hold rating on Regis Resources Limited, with a price target of A$5.45. The company’s shares closed yesterday at $3.87.
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According to TipRanks, McCormack is a top 100 analyst with an average return of 32.0% and a 73.09% success rate. McCormack covers the Basic Materials sector, focusing on stocks such as Ora Banda Mining, Catalyst Metals Limited, and Regis Resources Limited.
Regis Resources Limited has an analyst consensus of Hold, with a price target consensus of $3.63.
Based on Regis Resources Limited’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $870.13 million and a net profit of $165.91 million. In comparison, last year the company earned a revenue of $712.76 million and had a GAAP net loss of $94.22 million
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Disclaimer & DisclosureReport an Issue
- Mitsubishi UFJ Financial Group Ceases Substantial Holding in Regis Resources
- Regis Resources price target raised to A$6.40 from A$5 at JPMorgan
- Regis Resources Sees Change in Substantial Holding
- Van Eck Associates Ceases Substantial Holding in Regis Resources
- Regis Resources Limited Highlights Operations and Industry Risks
