Regis Resources hits two-month low after Q1 production falls
Australia's Regis Resources tumbled as much as 5.3% to A$6.81, touching its lowest level since August 5, after reporting Q1 group production down to 83,000 ounces from 90,400 ounces last year. The company reiterated FY27 output skewed to H2, with growth capex weighted to H1 as multiple open pits are brought online. The stock is down 5.3% year-to-date.
81, its weakest level since August 5. The gold miner said first-quarter group production declined to 83,000 ounces from 90,400 ounces a year earlier. The company reiterated that FY27 output is skewed to the second half, while growth capex is weighted to the first half as multiple open pits are brought online. 3% year to date.