Regency Mines Plc (RGM.L) (LON:RGM) Share Price Breaks Below 200 Day Moving Average – Should You Sell?

Regency Mines Plc (RGM.L) (LON:RGM – Get your free report ) share price moved below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.90 ($0.01) and has traded as high as GBX 0.85 ($0.01). Shares of Regency Mines Plc (RGM.L) last traded at GBX 0.90 ($0.01) with a volume of 4,251,621 shares traded.

Regency Mines Plc (RGM.L) traded down 2.7%

The company’s 50-day simple moving average is GBX 0.90, and its 200-day simple moving average is GBX 0.90. The firm has a market cap of 1.71 million pounds and a P/E ratio of -0.10. The company has a quick ratio of 0.77, a current ratio of 0.77, and a debt-to-equity ratio of 25.75.

Regency Mines Plc (RGM.L) Company Profile.

(Get a free report)

Regency Mines Plc is engaged in the exploration and development of mineral properties as well as oil and gas exploration. The company owns a 20% interest in the Rosa Metallurgical Coal Mine in Blount County, Alabama; 50% interests in nickel-cobalt license EL1390 covering an area of ​​256 square kilometers near Kokoda in Papua New Guinea; and 100% interests in license area 2014/01, comprising niobium and tantalum, covering an area of ​​555 square kilometers in Narsarsuaq in southern Greenland.

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