RRL inv H + SRRL - gold miner
break out of an inverse head and shoulders pattern
which is a very reliable pattern.
target circa $2.80
long term hold till $5.50
strong support @ 1.30
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−0.07EUR
−14.86 MEUR
692.25 MEUR
752.05 M
About REGIS RESOURCES LIMITED
Sector
Industry
CEO
Jim Beyer
Website
Headquarters
Subiaco
Employees (FY)
1.49 K
Founded
1986
ISIN
AU000000RRL8
FIGI
BBG000PWRPW1
Regis Resources Ltd. is a mineral exploration and production company, which engages in the exploration, evaluation and development of gold projects. It operates through the following segments: Duketon North Operations, Duketon South Operations, and Tropicana. The Duketon North Operations segment is composed of Moolart Well, Gloster, Anchor and Dogbolter. The Duketon South Operations segment includes Garden Well, Rosemont, Erlistoun and Tooheys Well. The Tropicana segment refers to Tropicana, Havana and Boston Shaker open-pits and the Boston Shaker underground. The company was founded on May 12, 1986 and is headquartered in Subiaco, Australia.
inverse h + sdaily chart has a breakout from an inverse h + s pattern.
This is a very reliable pattern.
Hold on this RRL for a long term period and sell
when price hits circa $5.50
Most ASX gold miners are at a breakout level.
triangle setups etc.. GOLD will head higher tonight
as the CPI data will be released.
RRL is reaching to a critical zone...
Take a closer look at the highlighted area in which, four different lines are acting as a support...
REGIS RESOURCES LIMITED RRL(ASX)
ASX:RRL
Regis Resources Limited (RRL) - LONGRegis Resources Limited (RRL) - LONG
Regis Resources, together with its subsidiaries, engage in the exploration, evaluation, and development of gold projects in Australia. The company owns 100% interests in the Duketon project located in the North Eastern Goldfields of Western Australia; and the M
RRL.ASX_ShortENTRY: 3.54
TP1: 3.09
TP2: 2.34
SL: 3.85
- ADX<25. Would like to be higher for momentum.
- RSI<35
- FFI and RS -ve
- MAs are aligned
- Break-down with decent volume
RRL - Giving a Buying OpportunityI believe RRL is giving a good medium term buying opportunity, as it had pulled back into Support and after some days of consolidation, it is showing Bullish Price Action. Price has broken the green downward sloping trendlinewith High Volume which is why I am confident that now it is ready to go up
Just following the recipeASX:RRL
All boxes checked for an entrance.
Entry: $5.37
First Target: $5.59
Second target: $6.20 ish
Let's see what the future says.
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Frequently Asked Questions
The current price of RKQ is 1.16 EUR — it has increased by 3.21% in the past 24 hours. Watch REGIS RESOURCES LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on GETTEX exchange REGIS RESOURCES LTD stocks are traded under the ticker RKQ.
RKQ stock has risen by 3.16% compared to the previous week, the month change is a 10.61% fall, over the last year REGIS RESOURCES LTD has showed a 8.49% decrease.
We've gathered analysts' opinions on REGIS RESOURCES LTD future price: according to them, RKQ price has a max estimate of 1.89 EUR and a min estimate of 0.86 EUR. Watch RKQ chart and read a more detailed REGIS RESOURCES LTD stock forecast: see what analysts think of REGIS RESOURCES LTD and suggest that you do with its stocks.
RKQ stock is 4.06% volatile and has beta coefficient of 1.09. Track REGIS RESOURCES LTD stock price on the chart and check out the list of the most volatile stocks — is REGIS RESOURCES LTD there?
Today REGIS RESOURCES LTD has the market capitalization of 857.86 M, it has decreased by 1.84% over the last week.
Yes, you can track REGIS RESOURCES LTD financials in yearly and quarterly reports right on TradingView.
REGIS RESOURCES LTD is going to release the next earnings report on Aug 21, 2024. Keep track of upcoming events with our Earnings Calendar.
RKQ earnings for the last half-year are −0.08 EUR per share, whereas the estimation was −0.03 EUR, resulting in a −183.72% surprise. The estimated earnings for the next half-year are 0.04 EUR per share. See more details about REGIS RESOURCES LTD earnings.
REGIS RESOURCES LTD revenue for the last half-year amounts to 339.26 M EUR, despite the estimated figure of 340.42 M EUR. In the next half-year revenue is expected to reach 410.33 M EUR.
RKQ net income for the last half-year is −56.62 M EUR, while the previous report showed 3.57 M EUR of net income which accounts for −1.69 K% change. Track more REGIS RESOURCES LTD financial stats to get the full picture.
As of Jun 8, 2024, the company has 1.49 K employees. See our rating of the largest employees — is REGIS RESOURCES LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. REGIS RESOURCES LTD EBITDA is 224.89 M EUR, and current EBITDA margin is 33.52%. See more stats in REGIS RESOURCES LTD financial statements.
Like other stocks, RKQ shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade REGIS RESOURCES LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So REGIS RESOURCES LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating REGIS RESOURCES LTD stock shows the sell signal. See more of REGIS RESOURCES LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.