Regis Resources Limited (AU:RRL) has released an update.
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Regis Resources Limited has seen a boost in its share price, attributed to the rising gold market and strategic decisions like closing its gold hedge book, which revealed the true cash flow potential of its assets. The company reported producing over 417,000 ounces of gold despite weather challenges, achieving record operating cash flow and a robust financial position. While no dividend was declared for FY24, the company continues to invest in expanding its underground mining operations and sustainability efforts, including significant renewable energy projects.
For further insights into AU:RRL stock, check out TipRanks’ Stock Analysis page.
