Australia's Regis Resources dips as bullion eases; Bell Potter hikes PT

Regis Resources

24/10/2025 05:57

** Shares of Regis Resources RRL.AX down 0.7% at A$6.205

** Gold prices eased on Friday as the dollar strengthened GOL/
** Bell Potter raises price target to A$7.05 from A$6.30, retains "buy"
** Brokerage hikes earnings forecasts to reflect optimism on gold prices, also highlights co's multi mine asset portfolio, leverage to gold prices, and unhedged debt free position
** Eleven analysts rated "hold" on avg; retains PT of A$6.50, as per LSEG-compiled data
** YTD, Regis stock up 144.5%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))