In a report released today, Levi Spry from UBS maintained a Sell rating on Regis Resources Limited (RGRNF – Research Report), with a price target of A$2.30. The company’s shares closed yesterday at $1.80.

Spry covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, De Grey Mining Ltd, and Regis Resources Limited. According to TipRanks, Spry has an average return of 7.0% and a 64.67% success rate on recommended stocks.

Currently, the analyst consensus on Regis Resources Limited is a Hold with an average price target of $1.75.

RGRNF market cap is currently $1.32B and has a P/E ratio of -10.59.

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Regis Resources Ltd. is a mineral exploration and production company, engages in the exploration, evaluation, and development of gold projects. It operates its business through Duketon North Operations and Duketon South Operations segments. The Duketon North Operations segment focuses in the Duketon Gold project . The Duketon South Operations segment comprises Garden Well, Rosemont, Erlistoun, and Tooheys Well. The company was founded on May 2, 1986 and is headquartered in Subiaco, Australia.