Regis Resources Sees Share Price Boost Amid Record Cash Pile and Strong Gold Prices
Regis Resources shares are on the rise due to strong FY26 operational results and record cash holdings. The company delivered 379,000 ounces of gold at an All-In Sustaining Cost of $2,945 an ounce, within its guided range.
The firm's balance sheet is a key factor in its success, with a record cash and bullion balance of $1.18 billion, up by $667 million from the previous year.
Regis also made progress on its McPhillamys project, which confirmed a 1.89 million ounce reserve at a post-tax net present value of $1.13 billion at an assumed A$4,000 an ounce gold price.