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Regis Resources Provides Quarterly Report to 30 September 2017

12 Oct 2017  |  09:42:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Quarterly Report to 30 September 2017

Regis Resources provided quarterly report to 30 September 2017. In August 2017 it announced financial results for the FY2017. The NPAT for the full year was $138.2m, up $26.4 m (24%) on the 2016 result, which facilitated the payment of a fully franked final dividend of 8 cps ($40m) in September 2017. The final dividend payment took total dividends paid in relation to FY2017 to 15 cps ($75m) which represents a payout ratio of 14% of revenue and 54% of profit after tax for FY2017. At the end of the quarter it had $131.3m in cash and bullion down from $151.7m at the end of June 2017. During the September 2017 quarter, it sold 79,437oz of gold at an average price of A$1,623/oz (Jun 17: 88,551oz at A$1,678/oz).

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