Regis Resources Ltd (RRL.AU) saw its stock plummet by 8.39% during the intraday session following the release of its quarterly production and sales figures.
The company reported a decline in gold production to 96.6Koz, down from 101.3Koz in the same period last year. Additionally, gold sales for the quarter totaled 99.5Koz, a decrease from 118.1Koz year-over-year. These weaker-than-expected results have led to a sell-off in the stock.
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