Regis Resources Limited ( (AU:RRL) ) just unveiled an announcement.
Regis Resources Limited reported a remarkable financial turnaround in the first half of FY25, highlighted by strong EBITDA, a net profit after tax of $88M, and record cash flow. The company capitalized on high gold prices, which significantly boosted revenue and profitability, allowing it to repay a $300M debt early and establish a new revolving credit facility. This financial strength positions Regis to explore growth opportunities and consider resuming dividend payments. Regis is also challenging a federal decision impacting its McPhillamys Gold Project.
More about Regis Resources Limited
Regis Resources Limited is a company in the mining industry, primarily focused on the production and sale of gold. The company operates in a market that capitalizes on gold’s fluctuating spot prices, aiming to maximize profitability from its mining activities.
YTD Price Performance: 40.0%
Average Trading Volume: 8,134
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.51B
See more insights into RRL stock on TipRanks’ Stock Analysis page.