Shares of Regis Resources Ltd (RRL.AU) plummeted 7.64% during intraday trading on Monday, following the release of its March 2025 quarter production results. The Australian gold mining company reported total gold production of 89,700 ounces for the quarter, a figure that appears to have fallen short of market expectations.
The sharp decline in Regis Resources' stock price suggests that investors were anticipating higher production numbers for the quarter. While the company did not provide any additional context in its brief announcement, the market's negative reaction implies that the 89,700 ounces produced may be lower than the company's previous guidance or analyst forecasts.
This disappointing production figure could raise concerns about Regis Resources' operational efficiency or potential challenges at its mining sites. Investors will likely be looking for more detailed information from the company in the coming days to better understand the factors behind the production levels and any potential impact on the company's full-year outlook.
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