0216 GMT - Gold miner Regis Resources continues to establish itself "as a standout for operating and cash flow consistency," RBC Capital Markets analyst Alex Barkley says in a note. Gold output in 2Q beats consensus by 5%, with Tropicana production 12% ahead of market expectations, he says. Regis also reports another solid rise in cash and bullion on-quarter, says Barkley. "We believe near-term valuation is partially dampened by some investor perceptions of a falling group production profile" from roughly FY 2029, he says. "Upcoming potential catalysts could help ease such concerns; with an exploration update and McPhillamys ruling expected." RBC has an outperform rating and A$9.60 target on Regis. The stock is up 1.2% at A$7.59 a share. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
January 06, 2026 21:16 ET (02:16 GMT)
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