This summary was created by AI, based on 1 opinions in the last 12 months.
Regulus Resources Inc. (REG-X) is a mineral exploration company with a focus on acquiring overlooked mineral resources and adding value through investment and monetization. The company's flagship project, the AntaKori copper-gold project in Northern Peru, is the primary focus of its drilling programs. While the company is pre-revenue, it has shown promising momentum and has partnerships in place for potential monetization. However, due to its small size and lack of revenue, it is considered to be on the riskier side, making it more speculative in nature.
Regulus Resources Inc. is a Canadian stock, trading under the symbol REG-X on the TSX Venture Exchange (REG-CV). It is usually referred to as TSXV:REG or REG-X
In the last year, 1 stock analyst published opinions about REG-X. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Regulus Resources Inc. .
Regulus Resources Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Regulus Resources Inc. .
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Regulus Resources Inc. published on Stockchase.
On 2024-12-13, Regulus Resources Inc. (REG-X) stock closed at a price of $1.96.
REG is a mineral exploration company that acquires mineral resources that management feels have overlooked potential, it adds value by investing in the sites, and monetized by selling to a major mining company. In 2005, it acquired Antares Mineral, invested in exploration on the site, and sold to First Quantum in 2010 for $650M. Currently, it is focusing in its flagship project, the AntaKori copper-gold project in Northern Peru. REG is conducting drilling programs at AntaKori, and has some partnerships with Osisko Gold Royalties in respect to AntaKori. It could sell the project down the line to monetize it and add shareholder value. For now, it is pre-revenue, its momentum has been good, and the management team is experienced. We think it looks interesting, but being a small company and with no revenues, we would consider it to be on the riskier side. We would be OK with a small position, while acknowledging its small-cap risks, and slightly more speculative in nature.
Unlock Premium - Try 5i Free