Regency Mines Plc (RGM.L) (LON:RGM) Stock Price Down 2.7% – Should You Sell?

Regency Mines Plc (RGM.L) (LON:RGMGet Free Report) shares were down 2.7% on Monday . The company traded as low as GBX 0.85 ($0.01) and last traded at GBX 0.90 ($0.01). Approximately 4,251,621 shares traded hands during trading, an increase of 91% from the average daily volume of 2,226,957 shares. The stock had previously closed at GBX 0.93 ($0.01).

Regency Mines Plc (RGM.L) Stock Performance

The company has a market cap of £1.71 million and a PE ratio of -0.10. The company has a debt-to-equity ratio of 25.75, a quick ratio of 0.77 and a current ratio of 0.77. The firm’s 50 day moving average is GBX 0.90 and its 200-day moving average is GBX 0.90.

Regency Mines Plc (RGM.L) Company Profile

(Get Free Report)

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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