Goldman Sachs upgraded Regis Resources (RGRNF) to Neutral from Sell with a A$6.50 price target The firm says the move up in gold prices and the company’s unhedged free cash flow generation more than offset its higher costs.
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Read More on RGRNF:
- Mitsubishi UFJ Financial Group Ceases Substantial Holding in Regis Resources
- Regis Resources price target raised to A$6.40 from A$5 at JPMorgan
- Regis Resources Sees Change in Substantial Holding
- Van Eck Associates Ceases Substantial Holding in Regis Resources
- Regis Resources Limited Highlights Operations and Industry Risks
