2217 GMT - Regis Resources's planned update to its capital management framework next month comes against the backdrop of a record gold price. On Monday, gold rose 2.1% to US$5079.70 an ounce and is up in five consecutive trading sessions on Comex. UBS analyst Levi Spry says Regis's producing asset base and operational consistency position it favorably to maximize on the strength in the gold price. Regis now holds A$930 million in cash and bullion. That was up A$255 million in 2Q even after the payment of dividends. "We model a 25% payout ratio of net profit alongside free cash flow yields of 14/13% for FY26/27 at an undemanding enterprise value-to-Ebitda of 3.4/2.9x," UBS says. It retains a buy call on Regis's stock. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
January 26, 2026 17:17 ET (22:17 GMT)
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