Die UBS beobachtet seit dem 23.07.2019 diesen Wert. "12-month price target AUD 4.85"
Zahlen kamen am 19 August 2019, https://www.regisresources.com…ports-2/asx-announcements
[Blockierte Grafik: https://www.tradingview.com/x/n8S69ux8/]
Investment Case
Regis has rallied ~35% in 2019YTD mostly driven by the lift in the
A$ gold price of +11%. The share price is now trading at a ~30%
premium to our NPV of $4.85ps which is based on a US$1,300/
oz long-term gold price, a mine life beyond reserves at Duketon
out to 2030 and a 5% discount rate. We think the share price is
factoring in a ~US$1,550oz long-term gold price above current
spot of ~US$1,420/oz. The key risk to our Sell view is an ongoing
rally in the A$ gold price.
Company Profile: Regis Resources
Regis Resources Ltd. is an Australian gold mining, development
and exploration company with assets in Western Australia. The
company has three operating assets: Moolart Well; Garden Well;
and Rosemont. All three are open-pit mines, with mine lives
of three, seven, and six years, respectively. Regis' key exploration/
development focus is the Duketon project in WA and the
McPhillamys gold project in New South Wales.
Statement of Risk
Our valuation method is DCF with a 5% discount rate.Investment
risk inherent in the resource sector includes, but it is not limited
to, movements in commodity price and currency which may differ
materially from the assumption used in this report. Furthermore,
the sector is subject to political, financial and operational risks,
each of which has the potential to significantly impact company/
industry performance.
Analyst Certification
Each research analyst primarily responsible for the content of this
research report, in whole or in part, certifies that with respect to
each security or issuer that the analyst covered in this report: (1)
all of the views expressed accurately reflect his or her personal
views about those securities or issuers and were prepared in an
independent manner, including with respect to UBS, and (2) no
part of his or her compensation was, is, or will be, directly or indirectly,
related to the specific recommendations or views expressed
by that research analyst in the research report.