Regis Resources Reports Strong Cashflow Amid McPhillamys Setback
Company Announcements

Regis Resources Reports Strong Cashflow Amid McPhillamys Setback

Regis Resources Limited (AU:RRL) has released an update.

Regis Resources Limited has reported a strong financial performance for the September quarter, with cash and bullion reserves rising by $85 million to $380 million. Despite facing setbacks at their McPhillamys Project due to a government declaration, the company maintains strong cashflows and robust operations elsewhere, including significant gold production from its Duketon and Tropicana sites. The company remains optimistic about future growth opportunities amid stable gold prices and continued operational success.

For further insights into AU:RRL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskRegis Resources Boosts Cash Flow with Strategic Gold Sales
TipRanks Australian Auto-Generated NewsdeskRegis Resources Positions for Growth with Spot Market Shift
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App