Regency Mines (LON:RGM) Share Price Passes Below Two Hundred Day Moving Average of $1.49

Regency Mines Plc (LON:RGM) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.49 and traded as low as $0.86. Regency Mines shares last traded at $0.90, with a volume of 1,971,947 shares traded.

The business’s 50-day moving average price is GBX 0.90 and its 200 day moving average price is GBX 1.49. The company has a debt-to-equity ratio of 25.75, a current ratio of 0.77 and a quick ratio of 0.77. The firm has a market capitalization of $1.71 million and a price-to-earnings ratio of -0.10.

About Regency Mines (LON:RGM)

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.

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