Regency Mines Plc (RGM.L) (LON:RGM) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Regency Mines Plc (RGM.L) (LON:RGMGet Free Report) shares passed 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 traded as low as GBX 0.85 ($0.01). Regency Mines Plc (RGM.L) shares last traded at GBX 0.90 ($0.01), with a volume of 4,251,621 shares traded.

Regency Mines Plc (RGM.L) Stock Performance

The company has a market cap of £1.71 million and a price-to-earnings ratio of -0.10. The stock’s fifty day simple moving average is GBX 0.90 and its 200 day simple moving average is GBX 0.90. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 25.75.

Regency Mines Plc (RGM.L) Company Profile

(Get Free Report)

Regency Mines Plc engages in the exploration and development of mineral properties, and oil and gas exploration. The company holds interests 20% in the Rosa metallurgical coal mine in Blount County, Alabama; 50% interests in the license EL1390 consisting of nickel-cobalt covering an area of 256 square kilometers near Kokoda in Papua New Guinea; and 100% interests in the license area 2014/01 comprising niobium and tantalum covering an area of 555 square kilometers in Narsarsuaq in Southern Greenland.

Further Reading

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