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ASX Top 200 Stocks Down Under 5 October 2020: Regis Resources, Orora, Spark Infrastructure Group
ASX Top 200 Stocks Down Under Edition #3
Regis Resources: Producing gold at under US$900 an ounce
Today in ASX Top 200 Stocks Down Under, the magic seems to have come out of Regis Resources stock in recent days. This mid-tier gold miner saw its stock rally from $2.91 per share on 16 March to $5.98 on 28 July, but the market has since cooled on the Regis story. We think the only real problem is the price of gold, which has recently paused for breath. Operationally, Regis is a low-cost gold miner with clear expansion plans.
Also in today’s edition, a look at packing company Orora and electricity asset owner Spark Infrastructure Group.
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Click here to read the previous edition of ASX Top 200 Stocks Down Under published 28 September 2020