Regis Resources Reports Strong Quarter of Cash Generation

  • Jan 22, 2020 AEDT
  • Team Kalkine

Regis Resources Limited (ASX: RRL) reported strong quarter of cash generation, with cash and bullion increasing by $21.4 million, led by improved quarterly gold production and a higher gold price.

  • For the quarter ending December 2019, gold production stood at 90,849oz and saw cash flow from operations increased by $17.5 million to $100.0 million;
  • AISC for the quarter reduced from $1,234/oz in the September quarter to $1,219/oz in the December quarter;
  • Full year production guidance remains unchanged with a production range of 340,000-370,000 oz.

At AEDT 12:47PM, the stock was trading at $4.600 per share, down by 0.433% from its previous close.


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