Shares in gold production and exploration company Regis Resources Limited (ASX: RRL) are still on the up today, at $4.47 at the time of writing – sitting pretty on a 52-week high.
Regis Resources shares dumped to $3.03 in March last year, but the trend has been on an upward swing ever since, with Regis finding itself among the S&P/ASX200 top gainers several times in February and still within the top 10 at market open today.
Regis reported its half-year ended December 31, 2017 on February 20, booking a record NPAT of $84.6 million, up 39% on the previous corresponding period with earnings per share also up 42% to 17.29 cents per share.
Regis Resources results also revealed a strong EBITDA margin of 51%, with EBITDA up 35% from the previous corresponding period at $153.1 million.
Gold production guidance for FY18 is on track for Regis, with the upper-end of guidance figures expected and the company set to pay a fully-franked 8 cents per share dividend to shareholders on March 21.
