Regis Resources

Regis Resources’ stock fell about 1.8% to AUD 7.945 after trading ex-dividend for a cash dividend of AUD 0.20. The share price was also weighed down by a large capital raising that could place up to 732 million new ordinary shares, causing significant dilution. Weaker market conditions and a declining gold price in AUD increased selling pressure; as an unhedged gold producer, Regis relies on revenues from Duketon, Tropicana and McPhillamys. The capital raise is intended to fund growth initiatives and project development. » Plus sur de.investing.com

Regis Resources reported a statutory record net profit of AUD 715 million for FY2026, operating cash flows of AUD 1.25 billion and a net cash position (including gold bullion) of AUD 1.185 billion. Production of 379,050 ounces was at the upper end of guidance, and sales revenue rose 43% thanks to high gold prices. The company paid over AUD 300 million in dividends and taxes and announced a fully franked dividend of AUD 0.35 per share (yield 6.1%). For FY2027 Regis forecasts production of 360,000–400,000 ounces, higher AISC of AUD 2,990–3,390 per ounce, and continued tax payments, including a larger top-up payment in December 2026. » Plus sur de.investing.com

Regis Resources announced at the Diggers & Dealers forum a significant balance sheet strengthening with AUD 1.2 billion in cash within 24 months, AUD 152 million of franked dividends paid, and a debt-free balance sheet with no hedging. Annual production is forecast at 360,000–400,000 ounces; Duketon was upgraded to 240,000–270,000 ounces. The company highlights reserve and underground growth at Duketon and Tropicana as well as new discoveries such as Beamish South and Ben Hur, continues to invest in exploration and maintains a capital management framework targeting dividends of 25–50% of free cash flow. Short-term risks include higher sustainable all-in costs due to marginal ounces and diesel price inflation; McPhillamys remains the key long-term project with an FID target in H1 2028. » Plus sur de.investing.com