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
−0.11AUD
−24.33 MAUD
1.13 BAUD
752.05 M
About REGIS RESOURCES LIMITED
Sector
Industry
CEO
Jim Beyer
Website
Headquarters
Subiaco
Founded
1986
ISIN
AU000000RRL8
FIGI
BBG000BLX370
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.
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
Frequently Asked Questions
The current price of RRL is 2.28 AUD — it has increased by 0.44% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange REGIS RESOURCES LIMITED stocks are traded under the ticker RRL.
REGIS RESOURCES LIMITED is going to release the next earnings report on Aug 21, 2024. Keep track of upcoming events with our Earnings Calendar.
RRL stock is 4.02% volatile and has beta coefficient of 1.28. Check out the list of the most volatile stocks — is REGIS RESOURCES LIMITED there?
One year price forecast for REGIS RESOURCES LIMITED has a max estimate of 2.60 AUD and a min estimate of 1.30 AUD.
RRL earnings for the last quarter are 0.01 AUD per share, whereas the estimation was 0.06 AUD resulting in a −86.89% surprise. The estimated earnings for the next quarter are −0.04 AUD per share. See more details about REGIS RESOURCES LIMITED earnings.
REGIS RESOURCES LIMITED revenue for the last quarter amounts to 596.39 M AUD despite the estimated figure of 597.77 M AUD. In the next quarter revenue is expected to reach 551.91 M AUD.
Yes, you can track REGIS RESOURCES LIMITED financials in yearly and quarterly reports right on TradingView.
RRL stock has risen by 7.55% compared to the previous week, the month change is a 24.25% rise, over the last year REGIS RESOURCES LIMITED has showed a 6.54% increase.
RRL net income for the last quarter is −91.80 M AUD, while the quarter before that showed 5.85 M AUD of net income which accounts for −1.67 K% change. Track more REGIS RESOURCES LIMITED financial stats to get the full picture.
Today REGIS RESOURCES LIMITED has the market capitalization of 1.71 B, it has increased by 4.71% over the last week.
Like other stocks, RRL 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 LIMITED 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 LIMITED technincal analysis shows the buy rating today, and its 1 week rating is buy. 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 LIMITED stock shows the buy signal. See more of REGIS RESOURCES LIMITED 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.
We've gathered analysts' opinions on REGIS RESOURCES LIMITED future price: according to them, RRL price has a max estimate of 2.60 AUD and a min estimate of 1.30 AUD. Read a more detailed REGIS RESOURCES LIMITED forecast: see what analysts think of REGIS RESOURCES LIMITED and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. REGIS RESOURCES LIMITED EBITDA is 364.61 M AUD, and current EBITDA margin is 33.52%. See more stats in REGIS RESOURCES LIMITED financial statements.