Regis Resources Mine Extension a Low-Risk Strategy -- Market Talk
Dow Jones
Nov 14, 2025
0249 GMT - Regis Resources' extension of its Duketon North gold mine is value accretive both at spot prices and forecast ones, Macquarie analysts say in a note. The analysts view it "as a relatively low-cost/risk strategy to take advantage of spot gold prices and latent mill capacity," they say. Macquarie has a neutral rating on Regis. It raises its target by 5.9% to A$7.20 to account for the slightly stronger production outlook. The stock is down by 2.2% at A$7.07 amid a broad selloff in Australian stocks. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
November 13, 2025 21:49 ET (02:49 GMT)
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